How Easy Money Fueled the FTX Crypto Collapse

Tags BitcoinCronyism and CorporatismThe FedInflation

11/28/2022Ryan McMaken

Narrator:

Many investors forget that when the easy money is flowing, financial mediocrities and even outright frauds can be made to look like legitimate geniuses.

Original Article: "How Easy Money Fueled the FTX Crypto Collapse"

This Audio Mises Wire is generously sponsored by Christopher Condon.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

Author:

Contact Ryan McMaken

Ryan McMaken (@ryanmcmaken) is a senior editor at the Mises Institute. Send him your article submissions for the Mises Wire and Power and Market, but read article guidelines first. Ryan has a bachelor's degree in economics and a master's degree in public policy and international relations from the University of Colorado. He was a housing economist for the State of Colorado. He is the author of Breaking Away: The Case of Secession, Radical Decentralization, and Smaller Polities and Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.