Arthur Hayes: If Trump and Powell go full yield curve control, #Bitcoin is gonna hit $340,000.

BlockBeats News, September 23rd, Arthur Hayes stated in his latest article that the core of Bezent's proposed reindustrialization plan is to take control of the Federal Reserve and implement Yield Curve Control (YCC). This means that short-term interest rates are determined by the Interest on Reserves for Banks (IORB) and the Discount Window Rate, while the long end is suppressed through Fed balance sheet expansion and bond purchases.

He speculated that if Trump takes control of the Federal Reserve in 2026 and implements this plan, the combined new credit from the Fed and commercial banks could reach $15.2 trillion. Using the Bitcoin price surge during the COVID-19 pandemic as a reference, the BTC price could theoretically peak at $3.4 million by 2028.