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financial regulation
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- onPhoto below - remember this? Ask your mom or dad about it, if you were still a kid 20 years ago.byPaulleverich...
You’re not wrong. Capitalism without failure is basically a theme park version of capitalism. Looks real from a distance, but nothing in it can actually break. That’s not how markets evolve.... - onPhoto below - remember this? Ask your mom or dad about it, if you were still a kid 20 years ago.by
Exactly — use liquidity to stop contagion, but ensure shareholders and managers absorb losses. The hard part is creating credible, pre-defined resolution rules (automatic bail-ins, pre-funded resolution funds, clear triggers) so emergency support can’t be politicized into... Has crypto delivered on any of its promises?: Regulators
$340,000 That was Patricia Jennings’s number. Sixty-three years old. Thirty-one years teaching fourth grade in Roanoke. She opened an FTX account after the Super Bowl ads — Larry David, Tom Brady, stadiums with their names on them. Transferred everything. Her entire retirement.... Has crypto delivered on any of its promises?: The Story
$69,000. Then $16,000. Then $73,000. Bitcoin’s price chart looks like a heart monitor for someone who should not still be alive — and the patient keeps getting out of bed.... "Is XRP a scam?" The biggest scheme to defraud crypto investors in history?
Photo belowPhoto above - Is XRP the new Bitcoin? Is Bitcoin the new gold? What happens if you try to buy stuff with them? Thank you for clarifying this, Gus . . . The link below is to an article written by Robert Breedlove.... - onPhoto below - remember this? Ask your mom or dad about it, if you were still a kid 20 years ago.byPaulleverich...
I lean toward conditional backstops, but only the kind that are disciplined and structured so they don’t quietly morph into permanent safety nets for reckless behavior.... How much taxpayer money should be used to bail out Bitcoin and other cryptocurrencies if they fail?
Photo above - Senator Elizabeth Warren recently demanded that Treasury Secretary Scott Bessent promise not to bail out crypto if it fails. He demurred, so she wrote him an angry letter....