Yauheni
@yauheni
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Obesity, the Economy, and BTC — Hayes is back in touch🇺🇸
Arthur Hayes in his new article (https://cryptohayes.substack.com/p/fatty-fatty-boom-boom) explained how the US has become an economic "fat man" trapped in its own systems.
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Hayes compared the obesity of Americans with the economic obesity of the country. First, people were hooked on processed food, then on pills that fight the symptoms, but not the causes.
It's the same in the economy — endless pumping of money instead of real reforms. It seems to work, but the consequences are only worse.
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Hayes predicts a possible tax on foreign investment in the US.
If a massive sell-off of assets begins, the Fed will start the printing press. And this is another blow to the $.
What about BTC?
This is the situation that Hayes sees as a salvation in BTC. Even if at least 10% of the world's capital is transferred to Bitcoin, the price could fly into space. The target is still $1kk, although there will be a roller coaster along the way, as always. 0 reply
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