Arthur Hayes Sees Government Money Printer Going 'BRRR' If US Intervenes To Bolster The Japanese Yen And That Could Be Good For Bitcoin

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

Arthur Hayes, Chief Investment Officer at Maelstrom Fund, explored in an essay published Tuesday how a potential intervention by U.S. authorities to support the Japanese yen could boost risk assets like Bitcoin (CRYPTO: BTC).

Prediction Market powered by

In the essay titled “Woomph,” Hayes argued that the Treasury Department, in coordination with the Federal Reserve, could sell dollars and buy yen, solving “many financial problems” for the Trump administration.

“This will strengthen the yen against the dollar, which will help U.S. export competitiveness,” Hayes said.

He added that this would push Japanese Government Bond yields lower, discouraging private Japanese investors from selling U.S. Treasuries to buy Japan’s sovereign debt.

Don’t Miss:

Hayes suggested that the Federal Reserve could expand its balance sheet by printing more money, referencing the “Money Printer Go Brrr” meme. The resulting monetary expansion, he added, would trigger a Bitcoin “pump.”

The pace of yen appreciation, however, should be “gradual.”

“It cannot appreciate too quickly, otherwise it would cause catastrophic losses for investors who borrowed yen to fund other asset purchases as volatility rose,” the co-founder of cryptocurrency exchange BitMEX said.

Hayes urged investors to proceed cautiously, saying he won’t increase his BTC holdings until the Fed’s balance sheet shows a week-over-week rise in “Foreign Currency Denominated Assets.”

See Also: Fast Company Calls It a ‘Groundbreaking Step for the Creator Economy’ — Investors Can Still Get In at $0.85/Share

Hayes’ comments came amid “suspected” U.S. intervention in the yen market. Reports suggested that the Federal Reserve Bank of New York began contacting banks to ask about their USD/JPY position sizes.

Interestingly, the U.S. Dollar Index and the Japanese Yen Currency Index diverged as these reports trickled in.

However, the reports suggested the Fed did not clearly communicate that it was acting solely on behalf of Japanese authorities.

Source: Trading View

The U.S. Dollar Index has dropped to a four-year low of 95.66 against a basket of other currencies. The currency is down 2.09% over the past month, and 10.6% since Trump took office last year, amid growing fiscal, macroeconomic and monetary uncertainties.

Story Continues

Photo Courtesy: Czerep rubaszny on Shutterstock.com

Read Next:

Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.

Rad AI’s award-winning artificial intelligence technology helps transform data chaos into actionable insights, enabling the creation of high-performing content with measurable ROI. Their Regulation A+ offering allows investors to participate at $0.85 per share with a minimum investment of $1,000, providing an opportunity to diversify portfolios into early-stage AI innovation. For investors seeking exposure to the rapidly growing AI and tech sector, Rad AI offers a chance to get in on the ground floor of a data-driven growth story.

Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.

Lightstone DIRECT gives accredited investors direct access to institutional-grade real estate, going beyond typical crowdfunding platforms. By cutting out middlemen, it aligns investor and manager interests while providing exposure to a $12B+ portfolio spanning multifamily, industrial, hospitality, retail, office, and life science properties. This approach allows investors to diversify their portfolios across multiple property types and markets, gaining professional-grade real estate exposure without the fees or misalignment common on other platforms.

Domain Money helps professionals and households earning $100,000+ take control of their finances with personalized, CFP professional-led guidance. By offering tailored financial planning, Domain empowers users to make smarter, more confident decisions across investments, retirement, taxes, and overall wealth strategy.

Masterworks enables investors to diversify into blue-chip art, an alternative asset class with historically low correlation to stocks and bonds. Through fractional ownership of museum-quality works by artists like Banksy, Basquiat, and Picasso, investors gain access without the high costs or complexities of owning art outright. With hundreds of offerings and strong historical exits on select works, Masterworks adds a scarce, globally traded asset to portfolios seeking long-term diversification.

BAM Capital offers accredited investors a way to diversify beyond public markets through institutional-grade multifamily real estate. With over $1.85 billion in completed transactions and guidance from Senior Economic Advisor Tony Landa, the firm targets income and long-term growth as supply tightens and renter demand remains strong—especially in Midwest markets. Its income-focused and growth-oriented funds provide exposure to real assets designed to be less tied to stock market volatility.

As digital assets become a larger part of diversified portfolios, traders increasingly look for platforms that offer transparency, efficiency, and control. Kraken Pro is an advanced trading interface from Kraken, one of the world’s leading cryptocurrency exchanges, designed for users who want more sophisticated tools without added complexity. With low, volume-based fees, a streamlined interface for managing spot, margin, and futures trading, and a strong focus on security and regulatory compliance, Kraken Pro provides a way to gain diversified crypto exposure through a clear, professional-grade trading experience.

REX Shares designs specialized ETFs for investors who want more precision than traditional broad-market funds can offer. Its lineup spans options-based income strategies, leveraged and inverse exposures, spot-linked crypto ETFs, and thematic funds tied to structural trends. By targeting specific income objectives, volatility profiles, or market themes, these ETFs can be used alongside core holdings to introduce differentiated return drivers and reduce reliance on a single market outcome, while maintaining the liquidity and transparency of the ETF structure.

This article Arthur Hayes Sees Government Money Printer Going ‘BRRR’ If US Intervenes To Bolster The Japanese Yen And That Could Be Good For Bitcoin originally appeared on Benzinga.com