PANews reported on April 4 that Arthur Hayes, co-founder of BitMEX, said that global economic imbalances will be alleviated by printing money, which is beneficial to the medium-term performance of Bitcoin and gold. He pointed out that the US dollar is weakening, and foreign investors are selling US tech stocks and transferring funds back to their own countries. At the same time, he suggested that China should deal with tariff pressure by easing domestic credit flows overseas and letting the RMB exchange rate fall below 8.00. He predicted that the Federal Reserve may soon cut interest rates and restart quantitative easing to deal with the economic impact, and suggested that the Bank of Japan expand QE through a weak yen policy to push the USD/JPY exchange rate above 160. He emphasized the importance of patience, flexibility and liquidity.