Cointime

Download App
iOS & Android

BitMEX Co-founder Says the World May Be “Getting Closer to Money Printer Go Brrrr”

Cointime Official

Arthur Hayes, the co-founder of cryptocurrency exchange BitMEX, has shared his thoughts on the current economic situation in a recent tweet. According to Hayes, the world may be "getting closer to money printer go brrrr," referring to the concept of printing money to stimulate the economy.

Hayes drew parallels to the 2008 financial crisis, when the Troubled Asset Relief Program (TARP) was initially implemented but failed to prevent the market from falling and financial institutions from collapsing. Eventually, the government turned to print money to address the crisis. Hayes believes that the current situation may follow a similar trajectory.

Comments

All Comments

Recommended for you