What Do Stimulus Checks Have to do With Crypto Winter? episode artwork

EPISODE · Dec 12, 2022 · 14 MIN

What Do Stimulus Checks Have to do With Crypto Winter?

from Bloomberg Crypto · host Bloomberg and iHeartPodcasts

What do pandemic stimulus funds have to do with the recent collapse of crypto prices and entities like FTX? According to Bloomberg Opinion writer Robert Burgess, the answer is basically everything.As he wrote in a recent column, “When historians look back on the spectacular rise and collapse of the cryptocurrency market, they will conclude that it couldn’t have happened without the pandemic. And they’d be right.”This isn’t as controversial an opinion as it might seem. For more, Robert joins this episode.See omnystudio.com/listener for privacy information.

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What Do Stimulus Checks Have to do With Crypto Winter?

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This episode was published on December 12, 2022.

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What do pandemic stimulus funds have to do with the recent collapse of crypto prices and entities like FTX? According to Bloomberg Opinion writer Robert Burgess, the answer is basically everything.As he wrote in a recent column, “When historians...

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