📢BitMEX co-founder Arthur Hayes said at the Token2049 conference in Singapore that the Federal Reserve is about to announce its first rate cut since 2020, but risk assets (including cryptocurrencies) may plummet within a few days of the rate cut. Hayes believes that the rate cut will exacerbate the inflation problem and may also cause the yen to appreciate sharply, triggering the unwinding of carry trades. He expects US interest rates to fall to near zero, the era of central banks will end, and politicians will take over liquidity creation. What do you think? 💬#Blockchain#Cryptocurrency#FederalRepublic#Token2049