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Arthur Hayes Accuses Fed of Disguised Money Creation via RMP Program

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Arthur Hayes, ex-BitMEX CEO, accuses the Fed of disguised money creation via its RMP program, which injects $40 billion into money markets. He compares it to QE, warning it could boost inflation and favor assets like Bitcoin and gold. Regulators stress the need for Countering the Financing of Terrorism and Anti-Money Laundering safeguards as liquidity expands.
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