๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ’ผ Arthur Hayes stated, "The US Treasury is not going to spend less money. Donald Trump is not talking about how he is going to reduce spending... it's all about wartime spending."



He added, "All of this talk about the Fed shrinking its balance sheet makes no sense because the politicians and the Treasury that funds them is continuously increasing the amount of debt."

Hayes concluded, "I believe Bitcoin is going HIGHER." #macro
BTC-0.67%
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ContrarianIndicatorMyself
ยท 12m ago
The path of debt monetization is heading for disaster; the dilution of fiat currency credit is a certainty.
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TransparentDomeCity
ยท 1h ago
Got it, buying BTC is essentially betting against U.S. fiscal discipline.
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DustyAirdropper
ยท 1h ago
So don't believe in QT; political realities determine that the printing press can't be stopped.
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BridgeHopBella
ยท 1h ago
War-time spending + fiscal deficit double whammy, Federal Reserve shrinking its balance sheet? Joke.
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SpiralCandlestickCollecting
ยท 1h ago
Hayes's macro framework has always been sharp, and this time he bets on BTC reaching a new high again.
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NeonIceMelt
ยท 1h ago
Treasury spends money like water, the debt ceiling is just a rubber stamp. Bitcoin is long-term bullish, no problem.
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DustCollector7
ยท 1h ago
The conclusion is straightforward: BTC higher.
The process is brutal: US dollar purchasing power lower.
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Stop-LossInTheEveningGlow
ยท 1h ago
Hayes's words are straightforward: debt will only expand, not contract, and the logic of BTC as a hedging tool is becoming increasingly solid.
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Pragmatists
ยท 1h ago
It's not that the Federal Reserve doesn't want to tighten, but the Treasury Department won't let it tighten. This game of chess is interesting.
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GateUser-c4e25c95
ยท 1h ago
Trump indeed never mentioned cutting spending; it's all about increasing military budgets, and those who understand, understand.
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