Author: arthur hayes; compiled: liam, carbon chain value

Some of you are panicking, but I like tariffs. Here are some charts for some deeper reasons behind my love for tariffs. Global imbalances will be corrected and pain will be covered up by printing money, which is a good thing for Bitcoin. The dollar is weakening as foreigners sell U.S. technology stocks and bring back funds. In the medium term, this is good for Bitcoin and gold.

The easing we need allows credit creation to ease tariff pressure by devaluing the RMB to flow overseas. After the 65% valid tariff is imposed, the RMB may be allowed to depreciate to above 8.00.

We need the Fed's easing, and the 2-year Treasury yield fell after the tariff announcement, as the market told us that the Fed will cut interest rates soon and may restart quantitative easing to offset the negative impact of the economy.

We need the Bank of Japan to provide #yen liquidity. Why not implement a weak dollar yen by increasing quantitative easing? I think the US dollar yen will return to 160 or even higher.

Be patient, flexibility and liquidity.

Yeah!