We should always focus on any financial accident to make sure it's not systemic.

You know, we cannot dismiss financial accidents. We made the mistake of dismissing certain mortgages as being very small in 2005, six and seven,

and they ended up being systemic.

So we can't simply dismiss a financial accident.

If a financial accident happens,

we've got to understand what the consequences are.

You know, think of it.

If you're on a freeway and the first part of the financial accidents is simply two cars in a fender bender, but they stay in the middle of the road.

You can't just dismiss this.

You've got to get them off the road quickly

because then you're going to have a pile up

if you're not careful.

But I do think the focus on crypto is important beyond that. Is there any precedent for combating inflation that doesn't end in recession or

depression that's one of the many questions we have for Dr. Mohammed

Al-A-Rianne as we look ahead to 2023 in markets in the economy. We're already

off to somewhat of a roaring start. Mohammed is president of Queens College at Cambridge University.

He serves as part-time chief economic advisor at the Lions and chair of Grand Mercy Fund

Management.

He's a professor at the Wharton School.

He's a Financial at the Wharton School. He's a Financial Times contributing editor, a Bloomberg

Opinion columnist, and the author of two New York Times bestsellers. He serves on the boards

of the National Bureau of Economic Research in Barclays and Under Armour.

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