Paul Krugman

@paulkrugman ↗

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Last Checked June 5, 2021

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Fri May 21 13:26:53 +0000 2021

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Paul Krugman @paulkrugman

Here's what Adam Smith said about the advantages of paper currency, still something of a novelty in 1776: 3/ https://t.co/cX2zWKCeeE — PolitiTweet.org

Posted May 21, 2021

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Paul Krugman @paulkrugman

It's not just the climate damage. The long-term progress of money has involved moving away from tying up productive resources in what is basically just an accounting system; gold coins to paper money to digital payments 2/ — PolitiTweet.org

Posted May 21, 2021

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Paul Krugman @paulkrugman

But now we're supposed to go back to using vast quantities of energy and computing power to perform functions that are, again, basically just record-keeping. How is this the future? 4/ — PolitiTweet.org

Posted May 21, 2021