
The great crypto collapse
The David McWilliams Podcast
00:00
FTX and the Collapse
The collapse of FTX is a good example of how monetary economics works. When interest rates are low, there's less incentive for people to take huge risks. The more I read about it, the more amusing and God smacked I am, actually. It has a million creditors, this company. So that's a million small people.
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