Billionaire investors, the founder of the world's largest hedge fund bridge water fund, Ray Dalio, the latest warning that the expansion of US debt may eventually lead to US dollars As a depreciation of value storage means. Therefore, he pointed out that it is time to consider accepting alternative currencies such as cryptocurrencies.
Dario said in an interview during the Davos World Economic Forum: "We are now, we have too much debt, and we are Quickly produce debt. Considering the issue of bonds and debt as a kind of asset holding, and the change in the purchase of gold and other assets in the group.
In the past year, the price of Bitcoin has risen by 165%. After Trump won in the US election in November last year, its price was more It is climb to more than $ 100,000 per one. It is generally expected that the new will be more friendly to the currency circle. Trump and his wife Melania even released their own emoticons.
Not only that, Trump also signed an administrative order to set up a cryptocurrency working group on Thursday, responsible for proposing new digital asset supervision regulations, and exploring the establishment of encrypted encryption The possibility of currency reserves fulfilled his promise to quickly reform the United States.
It is reported that the working group will be led by Trump's artificial intelligence (AI) and cryptocurrency commissioner David Sacks. The members of the working group also include the heads or designated personnel of the US Finance Minister, Minister of Justice, Minister of Commerce, Chairman of the US Securities and Futures Commission (SEC), chairman of the Commodity Futures Commission (CFTC) and its supervisors.
It is believed that the US dollar overlord era is about to end. In the latest report, Damo pointed out that although the dominant position of the US dollar swept the entire market, more traders seeking to sell this global reserve currency were far more than people imagined. The bank recommends that the dollar is sold to the euro, yen and pound because the US dollar is expected to weaken.
"Although many people who are optimistic about the US dollar, and may be the most out of expressing their own point of view, it seems that there are more investors who have more 'silent" intentionally intentionally intended Many people selling US dollars are already prepared to be a short -term signal. "The bank analysts wrote.
However, the reason given by Damo is different from Dario: The inflation data before March may increase the possibility of the Federal Reserve interest rate cut, and the long-lasting financial negotiations of Congress It may disappoint the dollar. The report states that strategists predict that trade will have a more gentle result, which may also make the US dollar under pressure.
and Dario is more warning the United States' expanding debt issues. He pointed out that the worst situation of US debt (such as the outbreak of large -scale inflation) has not occurred. And Trump's extending its iconic tax cuts may increase debt levels.
In addition, Dario also believes that the 10-year US Treasury yield currently hovering near 5%is just the beginning of the rise, which may give the US stock market to the US stock market Bring stress and support more funds to turn to cryptocurrencies and other fields.
"Maybe the biggest threat, of course, one of the biggest threats, is the supply and demand of bonds related to US Treasury bonds," he added.