Arthur Hayes comments on Japan's new economic policy, which will boost Bitcoin to 1 million dollars

ChainCatcher news, Arthur Hayes commented on the news of "Japan launching an economic plan to combat inflation," stating, "This means printing money to distribute to people for food and energy cost subsidies. These costs have risen because too much money was printed before. It's crazy, but anyway: the yen rises to 200, and Bitcoin could rise to 1 million dollars."

Today's news, Japanese Prime Minister Sanae Takaichi is preparing economic stimulus measures, expected to exceed last year's 13.9 trillion yen, to help households cope with inflation. According to sources, the plan will focus on three main pillars: measures to combat inflation, investment in growth industries, and national security.