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.