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How Easy Money Fueled the FTX Crypto Collapse

Audio Mises Wire

Tags BitcoinCronyism and CorporatismThe FedInflation

11/28/2022Ryan McMaken
Michael Stack

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"

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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.

Original Article: 
How Easy Money Fueled the FTX Crypto Collapse