{"id":2572,"date":"2024-11-13T07:46:59","date_gmt":"2024-11-13T07:46:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2572"},"modified":"2024-11-13T07:46:59","modified_gmt":"2024-11-13T07:46:59","slug":"trumps-high-inflation-regime-will-weaken-the-dollar-and-push-bitcoin-to-1m-says-arthur-hayes-get-long-and-stay-long","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2572","title":{"rendered":"Trump&#8217;s High-Inflation Regime Will Weaken The Dollar And Push Bitcoin To $1M, Says Arthur Hayes: &#8216;Get Long And Stay Long&#8217;"},"content":{"rendered":"<div>\n<p><strong>Arthur Hayes<\/strong>, co-founder of cryptocurrency exchange <strong>BitMEX<\/strong>, believed President-elect <strong>Donald Trump&#8217;s<\/strong> policies would weaken the dollar, driving up the value of scarcer assets like <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) significantly.<\/p>\n<p><strong>What happened<\/strong>: In a blog post <a href=\"https:\/\/cryptohayes.substack.com\/p\/black-or-white\">titled <\/a>&#8220;Black or White,&#8221; published Tuesday, Hayes argued that the Trump era would see a massive expansion in bank credit, leading to an increased money supply.\u00a0<\/p>\n<p>He said that Republicans would pass bills to encourage manufacturers to establish onshore production. Subsidies and tax credits would be doled out to support such re-shoring initiatives, for which the government would incur more debt.\u00a0<\/p>\n<p>A devaluing dollar &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41930918\/trumps-high-inflation-regime-will-weaken-the-dollar-and-push-bitcoin-to-1m-says-arthur-hay\" alt=\"Trump's\" high-inflation regime will weaken the dollar and push bitcoin to says arthur hayes: long stay>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Arthur Hayes, co-founder of cryptocurrency exchange BitMEX, believed President-elect Donald Trump&#8217;s policies would weaken the dollar, driving up the value of scarcer assets like Bitcoin (CRYPTO: BTC) significantly. What happened: In a blog post titled &#8220;Black or White,&#8221; published Tuesday, Hayes argued that the Trump era would see a massive expansion in bank credit, leading [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2572","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2572"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2572\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}