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RE: Daily Crypto Markets Live Blog: The Fed Wants More Oversight Over Crypto: Surprise (09/04/22)

in LeoFinance • 2 years ago

Among the 12 quotes from this economic "wizard," I think only the last sentence in the last quote he got correct:

And for a while, even as the risks multiplied, it became, in effect, too big to regulate.

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2 years ago in LeoFinance by
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     2 years ago  

    Bingo! At least he admits that it is big and might add "hard" to regulate.

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     2 years ago  

    It reminds me of "too big to fail" during the aftermath of the bursting of the housing bubble in 2008. 😆

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