Arthur Hayes, the founder of BitMEX, has suggested that the ongoing multipolar economic transformations worldwide could lead to an increase in the value of cryptocurrencies by expanding the money supply. He stated that countries may resort to money printing in order to achieve their economic goals.
In terms of macroeconomic changes, Hayes proposed that the reshaping of the global economic order would cause major economies such as the U.S., Europe, and China to adopt similar strategies. He pointed out that these nations are planning to increase their money supply to support economic growth.
It is clear that the United States could print trillions of dollars in order to fulfill its ambition of becoming a manufacturing hub, as promised by the Trump administration. The President and financial officials have made clear statements regarding the weakening of the dollar and support for credit expansion.
Regarding regional policies and strategies, Hayes mentioned that Europe and China also aim to increase their money supply, but each region will adopt different approaches that are suitable to their economic dynamics. He specifically highlighted Europe’s strategies for restructuring energy sources and China’s efforts to revitalize the real estate market.
Hayes remarked, “These massive adjustments will enable cryptocurrencies to reach new heights with their free market characteristics,” in an attempt to illustrate the scale of the market changes.
Hayes also indicated that current monetary policies would have an impact on asset prices, allowing significant assets like Bitcoin to reach unexpected levels beyond their current status. The evaluations made aim to reflect developments that provide insights into the impacts of different countries’ monetary expansion strategies on global markets.