2min chapter

Let's Appreciate cover image

Elon Musk, The FTX Saga, and the Federal Reserve

Let's Appreciate

CHAPTER

The Problem With the Populism That Elon Musk Inadvertently Champions

The problem with the populism that Elon Musk inadvertently champions is that he is still like God in that story, going back to Exler when God becomes lonely he created man. And now there's an idea that things need to belong to people again, right? One sentence summary, this was a bunch of dumb big bets that worked until they didn't, financial engineering that morphed or always was fraud and beyond.

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