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This is an interesting article and opinion piece by Hayes that I read up on today n wanna share it.
Briefly
Trump employs a debt-financing strategy, avoiding strict austerity to advance his "America First" initiatives. The U.S. Treasury is restructuring national debt to reduce its cost, while Trump pressures the Federal Reserve to lower interest rates.
To achieve this, the president might deliberately trigger a recession, a tactic historically leading the Fed to ease monetary policy. Additionally, the DOGE initiative, led by Elon Musk, is cutting government spending and laying off thousands of employees, already affecting Washington's economy.
Recession risks are growing, potentially leading to global market shifts, including in cryptocurrencies. Trump's strategy aims for historic leadership but carries significant economic risks.
The article itself
https://cryptohayes.substack.com/p/kiss-of-death 0 reply
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