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The Daily Hodl 2024-07-03 09:15:21

1930s-Style Debasement To Crush Savers and Pump Bitcoin and Stock Market, According to Arthur Hayes

BitMEX co-founder Arthur Hayes thinks upcoming fiat currency debasement will drive up the prices of Bitcoin (BTC) and stocks. In a new analysis, the crypto veteran says he’s confident the economy is in a new inflationary cycle and BTC will “regain its mojo.” Hayes cites projections from the Congressional Budget Office (CBO), which estimated that The post 1930s-Style Debasement To Crush Savers and Pump Bitcoin and Stock Market, According to Arthur Hayes appeared first on The Daily Hodl .

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