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Ramsey Everyday Millionaires

FTX Collapses (We Tried To Tell You…)

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.83.6K Ratings

🗓️ 18 November 2022

⏱️ 5 minutes

🧾️ Download transcript

Summary

Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, George Kamel, & Kristina Ellis. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

You're listening to Ramsey everyday millionaires where we talk retirement, building wealth,

0:10.5

and outrageous generosity.

0:14.1

So it's kind of low class to just yell at the top of your lungs, I told you so, wouldn't

0:21.6

it?

0:22.6

Well it's one of your favorite pastimes, so go right ahead.

0:28.6

Yeah, because I got so much crap from the Bitcoin bros, and as George says, the Bitcoin

0:35.0

bros are pretty much like Mary Kaye.

0:38.3

It's Bitcoin's pretty much like Mary Kaye for young men.

0:40.9

You know, that's what George says, and he's pretty much right because they don't, they

0:43.5

can't listen to anything.

0:44.5

Their brains are turned off if you're not going to do their thing.

0:47.6

Oh yeah.

0:48.6

We got hit on with crypto stuff.

0:50.2

Oh God, man, we got just every time I said don't do crypto, I'm an idiot, I'm a boomer,

0:55.3

I'm out of touch, I don't understand.

0:57.4

And Dave, you don't like regulation, I would think you don't like, I would think you

1:01.3

like, listen, I don't like over regulation.

1:04.0

When it comes to my money, I do like a wee bit, and right now aren't you wishing you

1:08.0

had a wee bit of regulation with FTX's Sam Bankman Fried.

1:14.4

I mean, there's right there in the name is clue, right?

1:17.6

Collapse compared to freed, I know, I know, I can't resist though.

1:25.8

The collapse is compared to Inron or made off, FTX's failure liken to Inron's scandal or

...

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