bankruptcies
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Arthur Hayes’ Opinion on the Federal Reserve’s Move
On March 12, Arthur Hayes, founder of BitMEX, commented on the fact that the Federal Reserve was considering setting up a fund to guarantee deposits in the event of more bank failures, saying that it was getting closer to the start of the money printing machine. Remember that they first tried the Troubled Asset Relief Program in 2008? The market continues to fall and financial institutions continue to go bankrupt. Then they finally turned on the money printing machine. I guess it may follow a similar trajectory this time. Let’s see how big the rocket launcher is. Arthur Hayes, founder of BitMEX: More banks will fail or the Federal Reserve will restart the banknote printing machine Analysis based on this information:Arthur Hayes, founder of BitMEX, recently commented on the Federal Reserve’s consideration to establish a fund that would provide a guarantee for deposits in case of any further bank failures. According to him, this move is a precursor to the…