Arthur Hayes: America's ‘Repo Market Voodoo' Could Be a Blessing for Crypto

Arthur Hayes: America's ‘Repo Market Voodoo' Could Be a Blessing for Crypto

By Crypto Economy
TL;DR Arthur Hayes argues that the US government's repo-based funding model expands the dollar supply without calling it QE, which may support crypto over time. He highlights that the main buyers of US debt are leveraged Relative Value hedge funds using repo, backed by the Federal Reserve.

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