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Home ยป Arthur Hayes Examines Economic Cycles and Supports Bitcoin as a Secure Asset
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Arthur Hayes Examines Economic Cycles and Supports Bitcoin as a Secure Asset

By adminJul. 2, 2024No Comments1 Min Read
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Arthur Hayes Examines Economic Cycles and Supports Bitcoin as a Secure Asset
Arthur Hayes Examines Economic Cycles and Supports Bitcoin as a Secure Asset
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Hayes, renowned for his outspoken views in the cryptocurrency sphere, delineated three significant epochs since the Great Depression of the 1930s, with a specific emphasis on the influence of Pax Americana on the global economic landscape. The initial period (1933-1980) constituted a domestic phase marked by financial constraints to finance conflicts, thereby inducing inflation. The subsequent phase (1980-2008) embraced deregulation and international trade, resulting in deflationary pressures. The ongoing era (2008-present) is characterized by geopolitical tensions and monetary policies such as quantitative easing, fostering financial constraints and inflationary trends. For the latest updates on financial and business developments, visit COINTURK FINANCE.

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