►► Sponsored by PRIME XBT! Sign up for a new trading account using the link below & receive up to a $7,000 deposit bonus with “wolfofallstreets” promo code. https://u.primexbt.com/WolfOfAllStreets Macro Monday special guests: Frances Coppola, Financial economist: https://twitter.com/Frances_Coppola Mike McGlone, Senior Macro Strategist at Bloomberg Intelligence: https://twitter.com/mikemcglone11 Dave Weisberger, CEO of CoinRoutes: https://twitter.com/daveweisberger1...
Read More »Cutting Taxes Could Stop Inflation With Frances Coppola
Tune in to hear my latest podcast, "Cutting Taxes Could Stop Inflation With Frances Coppola" and please like, subscribe, and comment down below. Don't forget, you can always listen to Lead-Lag Live on Spotify, Apple, Amazon, YouTube, and all your favorite platforms.
Read More »Snake oil sellers in the stablecoin world
It's been evident for some years now that those selling risky crypto products to risk-averse investors like to have federal branding on their snake oil. Tether claimed to have 100% actual dollar backing for its stablecoin. Various exchanges and platforms claimed that customer deposits were FDIC insured. The New York Attorney General showed that Tether didn't have 100% dollar backing or anything like it. And now the FDIC has sent cease & desist orders to FTX, Voyager and several other...
Read More »The entire crypto ecosystem is a ponzi
The crypto ecosystem has grown massively in the last three years. Many of those participating in it have made life-changing amounts of money - on paper, or perhaps more accurately on computer. But the problem with paper gains is that they tend to evaporate like the morning mist when the market turns. The crypto market turned towards the end of 2021 and is now firmly in bear territory. Bitcoin has fallen from above $60,000 in November 2021 to barely $16,000 now. For anyone who bought Bitcoin...
Read More »Cryptocurrency commentator Frances Coppola discusses the collapse of the FTX exchange
Frances Coppola joins Karl Fitzpatrick to discuss the recent collapse of cryptocurrency firm FTX, the need for regulation in the market and the future of cryptocurrency. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information. Episode link: https://play.headliner.app/episode/12183292?utm_source=youtube
Read More »KHAS Global Political Economy Lecture 3: Frances Coppola
Frances Coppola talks about "How to Land Your Helicopter" Department of Economics Kadir Has University, Istanbul, Turkey
Read More »The FTX-Alameda nexus
How did it all go so wrong, so quickly? Less than a month ago, Sam Bankman-Fried was the golden boy of crypto, with a net worth in the $billions, and his exchange FTX was valued at $32bn. Now, FTX has a gaping hole in its balance sheet, thousands of people have lost their money, and Sam is facing personal bankruptcy and, potentially, fraud charges. The short answer is - it didn't. The hole in FTX's balance sheet has existed for a long time. We don't know exactly how long, but the size of the...
Read More »Frances Coppola on Crypto Meltdown and the Panic of 1907
Frances Coppola, author of "The Case for People's QE," discusses her CoinDesk op-ed where she compares the current crypto meltdown to the Panic of 1907, a crisis that pre-dates the creation of the Fed.
Read More »When populism fails
At the Battle of Ideas last Saturday, a panel on "populism" spent an hour and a half discussing everything except economics. Sherelle Jacobs of the Telegraph called for the Tory party to replace what she called a "twisted morality of sacrifice and dependency" with the "Judaeo-Christian" values of thrift and personal responsibility. And when a brave audience member asked "shouldn't we be discussing economics?" Tom Slater of Spiked brushed him off and carried on talking about cultural issues....
Read More »How Banking & Money “Printing” Actually Works | Frances Coppola
On today's edition of "Boiler Room," Alfonso Peccatiello is joined by Frances Coppola to explain today's banking system and debunk the theory that money is "printed". Frances discusses the creation of money in the modern economy and how the money supply expands and contracts. We then explore the bank lending process, a bank's equity and what almost everyone gets wrong about bank reserves. Does government fiscal spending increase the money supply or just recycle it? Are...
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