Arthur Hayes argues new Fed liquidity tool “RMP” masks renewed money printing

Dec 19, 2025 - 11:30
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Arthur Hayes argues new Fed liquidity tool “RMP” masks renewed money printing

Arthur Hayes argues new Fed liquidity tool “RMP” masks renewed money printing

The BitMEX co-founder's latest Substack essay argues the US Fed’s liquidity program mirrors quantitative easing mechanics that favor Bitcoin and other scarce assets.

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