Toxic Monetary Policy Created The FTX Monster

"The Fed sent a behavioral incentive to markets that speculation was fine for way too long - a signal to markets that there was no risk when, in fact, risk was everywhere."

I had a conversation with my good friend Tom Bodrovics from Palisades Gold Radio earlier this week. Tom is a private investor from western Canada with a background in oil and gas. In 2014 he identified the top of the housing cycle and sold his home to invest in the junior resource sector. He gained a libertarian and contrarian perspective in 2013 when h…