Arthur Hayes: Trump Tariffs Good For Bitcoin As Governments Print Money To Offset Pain
BitMEX co-founder Arthur Hayes says that Donald Trump’s tariffs are good for Bitcoin (BTC) because the government will offset the economic pain they cause by printing money. “Some of y’all are running scurred, but I LOVE TARIFFS,” he said i n an April 3 thread on X. ” Global imbalances will be corrected, and the pain papered over with printed money, which is good for $BTC .” Arthur Hayes Tells Traders And Investors To Be Patient Investors just need to be patient, said Hayes, as governments across the globe start to print more money, subsequently introducing more liquidity that could flow into the crypto market. The BitMEX co-founder noted that the US dollar is weakening while offshore investors sell US tech stocks. He believes that this could benefit BTC and gold over the medium term. The $ is weakening alongside foreigners selling US tech stocks and bringing money home. This is good for $BTC and gold over medium term. pic.twitter.com/XzRcxOaJ...