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2min chapter
Ric Edelman Unplugged
The Compound and Friends
The Fed's Response to the Cryptocurrency Crisis
I agree there was a shocking and obscene that they got their cells into this mess. We said the same thing in 08 It's amazing how short term our memories are Because it's the same damn thing that happened in 07 and 08 Uh, here we are again. But given that that's where we were there was no choice but for the fdic to step in and fix it. This was actually an anti-crypto effort on their part. And what's coming next is faith in uh, uh, a crisis of faith in money market funds. Can I place that in for you? Okay. Bitcoin's prices is at a two-year high.
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