De-Dollarization: BitMEX’s Arthur Hayes Predicts The Future Of The US Dollar
President Donald Trump has changed the course of the markets by levying heavy tariffs on nations, which is now compelling the nations to de-dollarize. By de-dollarizing or exploring de-dollarization, nations like China have already issued commands to reduce US purchases, ushering in reduced dollar dependency narratives. This instance is not new, as the world is now increasingly pivoting to a new financial order where local currencies lead the way, all while trying to jeopardize the dollar’s reserve asset stance. As the US dollar continues to weaken, here’s what BitMEX’s Arthur Hayes has to say about the US dollar and its future. Also Read: Trade War Begins: 3 Things Investors & Entrepreneurs Need To Know Arthur Hayes Speaks About The US Dollar Source: Medium Former BitMEX CEO Arthur Hayes has shared his new statement about the changing narratives concerning the US dollar. In a recent X post, Hayes states how he believes it’s the end of US treasuries and US stocks...