亚瑟·海斯（Arthur Hayes）指出，黄金和比特币将成为关税领先的最佳树篱

海耶斯表示，作为适应过程的一部分，各国将从美国的国库和股票转移到黄金和比特币作为“中性”树篱。

Arthur Hayes, the former CEO and co-founder of Bitmex, a global crypto exchange, has stated that, as part of an adaptation process to pre-1971 trade relationships, countries would shift from U.S. treasuries and stocks toward gold and bitcoin as “neutral” hedges.

全球加密交易所Bitmex的前首席执行官兼联合创始人亚瑟·海斯（Arthur Hayes）表示，作为1971年以前的贸易关系的适应过程的一部分，各国将从美国的国库和股票转向黄金和比特币，称为“中性”套期保值。

As part of the ongoing trade war, more and more analysts are predicting a shift in the world’s economy as tariffs get enacted and affect consumers and producers worldwide.

作为正在进行的贸易战争的一部分，随着关税被制定并影响全球消费者和生产者，越来越多的分析师预测世界经济的变化。

Arthur Hayes, former CEO and co-founder of Bitmex, a global crypto exchange, referred to how tariffs would make countries shift from natural investments like stocks and U.S. treasuries to other value assets.

全球加密交易所Bitmex的前首席执行官兼联合创始人Arthur Hayes提到关税将如何使各国从股票和美国国债等自然投资转向其他价值资产。

Recently pardoned by President Donald Trump for failing to maintain adequate AML and KYC programs, Hayes stated that this new trade order would mean the end of U.S. treasuries and equity as a global reserve asset.

最近，唐纳德·特朗普（Donald Trump）总统因未能维持足够的AML和KYC计划而赦免，海斯表示，这项新的贸易秩序将意味着美国国债和公平终止是全球储备资产。

On social media, Hayes clarified that, if the U.S. deficit gets corrected, more countries would abandon the U.S. debt bandwagon and sell whatever assets they have to start from scratch again, formulating U.S.-like country-first policies due to the dollar scarcity.

在社交媒体上，海耶斯澄清说，如果美国赤字得到纠正，越来越多的国家将放弃美国债务潮流，并出售他们必须再次从头开始的任何资产，并由于美元稀缺而制定了类似美国的国家第一政策。

Even if Trump backtracks on the severity of the tariffs, no finance minister or world leader can risk Trump changing his mind again.

即使特朗普对关税的严重性进行了回溯，没有财政部长或世界领导人可以冒险再次改变特朗普的想法。

This, in essence, marks a return to gold as a neutral reserve asset, while the dollar will keep being a reserve asset but most global markets will choose gold to settle global trade, which is why Trump has not applied tariffs to gold, as it must flow freely in this new market conception.

从本质上讲，这标志着黄金的回归是中立的储备资产，而美元将继续成为储备资产，但是大多数全球市场都会选择黄金来解决全球贸易，这就是为什么特朗普没有在这个新市场概念中自由流动的黄金关税。

Before, Hayes publicly voiced his support for the idea of tariffs implemented by the Trump administration to correct several economic imbalances.

以前，海斯公开表达了他对特朗普政府实施的关税构想以纠正几种经济失衡的支持。

“For those who want to adapt to a return to pre-1971 trade relationships, buy gold, gold miners, and $BTC,” Hayes recommended, remarking on the relevance of these commodities as hedges against money printing and the effects of restrictive foreign tariffs.

Hayes建议：“对于那些想适应1971年前的贸易关系，购买黄金，金矿和$ BTC的人，他们就这些商品的相关性是针对货币印刷的相关性以及限制性外国关税的影响。