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Last Checked July 18, 2021

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Sun Jul 18 13:10:53 +0000 2021

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Paul Krugman @paulkrugman

This, by Gorton and Zhang, is very good: stablecoins are just a modern version of free banking, in which private banks issued their own notes supposedly backed by specie. That system was crisis-ridden, and the same will be true no https://t.co/KQynhZfgVK — PolitiTweet.org

Posted July 18, 2021