# Trading the Merge | Arthur Hayes *Author: David Hoffman* *Published: Sep 7, 2022* *Source: https://www.bankless.com/es/trading-the-merge-arthur-hayes* --- We've been binging Arthur's writing lately, trying to get inside his head about how he approaches the markets. Discussing the inevitability of inflation, the chaotic macro picture, and of course the Ethereum Merge, we piece together the mindset of a trader who has survived the massacre of 2022. --- ### TIMESTAMPS 0:00 Arthur Hayes 6:30 Arthur’s Prolific Writing 12:55 Why Arthur is a Trader 19:10 What’s Causing Inflation? 26:00 The Only Solution 30:11 Structural Inflation 38:09 The Macro Landscape 44:24 Why Crypto? 50:44 Denominate in Hydrocarbons 58:30 The Ethereum Merge 1:02:30 Is the Merge Priced In? 1:04:30 Crypto Markets 1:06:47 Target ETH Prices 1:08:20 What’s Different? 1:11:58 Making the ETH Trade 1:15:45 Merge vs Macro 1:18:26 DeFi and Arthur’s Conversion 1:22:15 The 2022 Retail Massacre 1:24:30 Surviving as a Trader 1:27:50 Arthur IRL --- ### RESOURCES Arthur on Twitter: https://twitter.com/CryptoHayes?s=20&t=fz4N1B7Ifa3OY-tD6l6jhw Arthur's Blog: https://cryptohayes.medium.com/ ETH-flexive: https://cryptohayes.medium.com/eth-flexive-7e1921123f64 A Samurai, a Knight, and a Yankee: https://entrepreneurshandbook.co/a-samurai-a-knight-and-a-yankee-211bf975a31d