Cryptocurrency and the Regional Bank Crisis

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Larry Summers is no idiot, believe me when I tell you that he's a very smart man. He is right. You can crush demands sufficiently. Finally, you will bring prices down, but it horrible, horrible expense. Our view is you can bring prices down by making the economy more prosperous. And in fact, Bitcoin. So back to your earlier comments about Bitcoin. Yes, it is. It was fascinating to me and to our analysts. We have three crypto analysts. They are the best analysts when it comes to innovation in the world bar none.

On this episode of For Your Innovation, we wanted to highlight last week’s special edition of “In the Know,” a monthly video series featuring ARK CEO/CIO, Cathie Wood. In this special episode, Cathie is joined by her mentor, former professor, and advisor to ARK Investment Management LLC, Dr. Art Laffer. Famous for the Laffer Curve, Art is an economist and was named one of Time’s Greatest Minds of the 20th Century.

Together, Cathie and Art dive into the recent banking crisis and the world of cryptoassets.

We hope you find this monthly series useful, especially during periods of heightened volatility. Stay Healthy. Stay Innovative.

“It’s not up to congress to allow or not allow crypto. It shouldn’t be.” – Dr. Art Laffer Episode Timestamps