Crypto Investor Arthur Hayes, Gold and Bitcoin $82,825.91He suggested that he could replace traditional American Treasury bills and stocks. With his sharing on the social media platform, he pointed out that the global reserve system gradually changed. Hayes said that economic policy changes will affect international financial balance.
Change in Global Reserve System
Hayes said that if the US has achieved debt reduction and current account deficit targets, other countries will disappear American assets to support their economies. He said that this could lead to a permanent change in the structure of reserve assets around the world. According to the assessment, the tightening of the existing monetary policies may provide new balances in the global financial system.
Arthur Hayes: “The End: American Treasury bills and stocks end as global reserve assets. If the current account deficit disappears, foreigners will disposal and make their economic policies a nation -centered.”
Economic Policy and Effects
Hayes claimed that the economic policies of Trump, the United States President of the United States, were the result of the lack of prosperity among some Americans after the exit of the Golden Standard in 1971. In addition, if countries control debt and open balances, it is predicted that the US dollar assets will begin to change hands in the global market. It was emphasized that investors should be prepared for this process.
Arthur Hayes: “The Return: Gold is returning as a neutral reserve asset. The dollar will continue to be the reserve currency, but the reckoning in trade will be made with gold.”
Can Bitcoin be taken?
Hayes stated that the global financial order evolved and that investors should turn to gold, gold mining companies and Bitcoin. In addition, Trump -based economic tremors changed the correlation between Bitcoin and the Nasdaq index. This situation is thought to bring a remarkable transformation in market dynamics. If BTC makes the closing of Monday over 77 thousand dollars, Hayes may be right. For now, BTC was trying to break the BTC $ 78 thousand at the time of being prepared.
In addition, Bitcoin’s market -value fluctuations are closely monitored with global economic developments. This transformation in the crypto currency market can be considered as a marker of a new environment that requires investors to make a portfolio diversification.
Rarving the global financial balances is seen as one of the important factors that determine the future course of economic policies. This transformation process may require that new criteria for strategic planning for investors.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
