Stablecoin suffers from "eternal problem that has always applied to private money — that it remains a subpar medium of exchange that is subject to runs” -> need to be tightly regulated. @izakaminska on Gorton and Zhang.
ft.com/content/32b854… https://t.co/ODQ3SrEkkf
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…