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Until 18-plus, T's and C supply, exchange fees and the Brady Supply Shock episode of Slate Money,

your guide to the Business and Finance News of the Week.

I'm Felix Simon of Axios. I'm here with my colleague Emily Peck.

Hello. Hello and of course Elizabeth Spires. Hi Elizabeth we are going to talk

about Tom Brady this week because he just signed a massive

deal to get paid huge amounts of money by someone who isn't a sports team.

So we're going to talk about why anyone who isn't a sports team would want to hire that guy.

We are going to talk about the baby formula shortage and what it says about the degree to which the

FDA is captured and what the government can or should have been doing about it for the past two years.

And of course we are going to talk about stable coins, crypto and the whole implosion of that market and whether it matters.

It's all coming up on slate money.

So let's start with this idea that there's a whole bunch of magical beans with no intrinsic value but which trade randomly at

random prices at random times and this week the random price was lower than it was last week and this seems to have

freaked out a lot of people. I'm talking of course about the crypto market. I know

Elizabeth that you are a bit of a crypto skeptic as am I I have been for about a decade at this point but I also wrote

a piece this week saying there is a potential just a little bit of potential,

that at this point, it is such big money and real money,

...