The charismatic founder of BitMEX has revealed his vision for the market. Spoiler: he moves liquid fiat money from treasury bills to cash and intends to invest it all in high-risk assets (bitcoin and other crypto, of course).
Key takeaways from Arthur Hayes' post:
📌 S&P500 is up 40% in 3 months;
📌 Fed balance sheet will drop $100 billion every month;
📌 The market will get an extra $500 billion out of the Treasury General Account (TGA), which will accelerate inflation;
📌 When the money runs out (sometime in July), Congress will vote to increase the debt ceiling;
📌 The market will end up flooded with unbacked debt liabilities;
📌 The world's banks will be forced to resort to printing more money (this process has already begun).
"The party has begun!", Arthur concludes.
