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New Crypto Bill Will “Unleash Chaos,” Warns Economist

Season 2025 Episode 7257 | 17m 13s

The Senate recently passed the Genius Act. This bill establishes regulatory frameworks for the stablecoin, a cryptocurrency that will hold the same value as the US dollar. For the digital assets industry, the move is a historic milestone. But Barry Eichengreen, Professor of Economics and Politics at U.C. Berkeley, warns that the Genius Act could bring economic chaos. He joins the show to explain.

Extras
Appraisal: Patek Philippe Officer's Watch, ca. 1919
Appraisal: 1923 Enst Heinrich Roth Violin
Appraisal: Al Stohlman Tooled Leatherwork Picture
Appraisal: 1994 Charles Schulz-signed "Peanuts" Comic Strip
Appraisal: 1877 Ralph Albert Blakelock Landscape Oil
Appraisal: 1953 Rita Hayworth Still Life Oil Painting
Appraisal: French Three Graces Clock, ca. 1890
Appraisal: 1590 Theodor de Bry Map of Virginia
Appraisal: Thai Silver Repousse Bowl, ca. 1950
Appraisal: 1875 General Custer-inscribed Book
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