Arthur Hayes Discusses Tariffs and Their Impact on Bitcoin and Gold

According to Odaily, Arthur Hayes recently shared his views on the X platform, highlighting the effects of tariffs on global markets. Hayes noted that while some investors are hastily withdrawing, he sees tariffs as beneficial. He believes that global imbalances will eventually be corrected, and the activation of money printing could alleviate economic pain, which would be advantageous for Bitcoin. Hayes pointed out that tariffs have led to a weakening of the U.S. dollar, prompting foreign investors to sell U.S. tech stocks and repatriate funds. In the medium term, he expects Bitcoin and gold to benefit from these developments. Following the announcement of tariffs, the yield on two-year U.S. Treasury bonds plummeted, signaling an imminent interest rate cut and the potential restart of quantitative easing. Additionally, Hayes mentioned that Japan might need its central bank to release yen liquidity or increase quantitative easing to devalue the yen as a countermeasure to tariffs. These actions are also seen as positive factors for the market.