Transcript

Will crypto crash the blue wave? Probably not a question you’ve been asking, but you should.

Paul Krugman here with a video update for September 22nd. I want to talk about something that was a very big deal in the way we talked about the 2024 election, which was the role of the cryptocurrency industry.

We’re talking about it a lot less this time, I think largely because AI has stolen the limelight. But crypto is still out there. And while it has not succeeded in creating a viable business in the normal sense, it has been extraordinarily successful at buying political influence. And they’re set to do it again.

Now, the background here is, as I record this, the midterm elections look, based upon polling, based upon just…