Article • Dean Baker’s Beat the Press
Bitcoin Won’t Put Food on the Table
The truth about Bitcoin: Uncover the reality behind Bitcoin’s inability to address supply constraints and its impact on the economy.
Digital Economy
Issue Brief
Statement for SEC Panel Discussion on Ensuring Digital Engagement Practices Responsibly Expand Investment Opportunities
Low-income people and people of color need stronger regulation and stronger warnings about the risks of cryptocurrency investing. It should be clear that most people owning cryptocurrencies have them as an investment and not as currency to be used for day-to-day purchases.
Article
Stock Market Index Funds Can Beat Crypto: On Cryptocurrency Investing and Building Black Wealth
Black people are more likely than White people to be invested in cryptocurrency. Given this situation, it is important to disseminate more unbiased information about cryptocurrencies.
Article • Dean Baker’s Beat the Press
Sam Bankman-Fried’s Truly Effective Philanthropy: Teaching
We should all recognize that Sam Bankman-Fried is much smarter than the rest of us. After all, outwardly he looks to be one of the biggest frauds of all time. By the age of 30 he amassed a fortune that dwarfs that of your average billionaire. He did it by
Article • Dean Baker’s Beat the Press
The Pandemic Treaty, Crypto, and Inequality
Article • Dean Baker’s Beat the Press
Crypto Meltdown is a Great Time to Eliminate Waste in Bloated Financial Sector
If our politicians actually had any interest in economic efficiency, they would be engaged in an all out push to downsize the financial industry and free up hundreds of billions of dollars for productive uses.
