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Jan van Eck, VanEck – Thematic Investing, Gold & Digital Assets, and Financial History | #416

The Meb Faber Show - Better Investing

CHAPTER

The Risks of Stable Coins

The only risk that comes about from the sico system is if you have a lot of volatility and you're not sufficiently capitalized, claboralized. That's the real risks that are out there. There are some j p morgans who have written checks over 305 hundred million dollars to bail out one was a stable coin in ancient history. And while they're very different from the private banks of the 18 hundred, it's insruting to think about, what is the role as we go forward?

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