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Money in the 21st Century
Summary by Progress in Political Economy (PPE)
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1 Articles
Money in the 21st Century
Money in the 2020s is in some respects very different than money in the 1920s, but as the Bank for International Settlements notes, the world seems intent on unlearning some important lessons. Who issues money, and how it is regulated, matter. Poorly regulated privately issued money is a recipe for disaster. Yet the Trump administration, in particular, seems intent on bringing “stablecoin” into the mainstream. Stablecoin are digital tokens that …
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