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Original Author: Arthur Hayes Original Compilation: Peggy, BlockBeats Editor’s Note: From the Gulf War to the Global War on Terror, and then to the Afghanistan “Surge,” U.S. military operations in the Middle East have almost defined the international political cycle of the past few decades. Accompanying these wars are not only geopolitical conflicts and massive fiscal expenditures but also a frequently overlooked variable: monetary policy. This article reviews several key war inflection points since 1990, tracing the subtle relationship between war, fiscal pressure, and Federal Reserve policy: following multiple Middle East conflicts, the Fed has often responded by cutting interest rates or implementing easing policies to stabilize the economy and financial markets. Based on this, Arthur Hayes (co-founder of BitMEX) offers a market-oriented observation: when geopolitical conflicts escalate and fiscal…# Analysis# defi# Exchange# Market# Startups# ToolPre
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