Renowned for his outspoken views in the world of cryptocurrency, Hayes has outlined three significant economic cycles since the Great Depression of the 1930s, with a focus on the impact of Pax Americana on the global economy. The initial cycle, spanning from 1933 to 1980, was a domestic cycle marked by financial repression used to finance wars, ultimately leading to inflation. The second cycle, from 1980 to 2008, saw deregulation and increased global trade, resulting in deflation. The ongoing cycle, from 2008 to the present, is characterized by geopolitical tensions and monetary policies such as quantitative easing, leading to financial repression and inflation. For the latest financial and business news, visit COINTURK FINANCE.
