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Even though there were many reasons to be skeptical of cryptocurrency schemes, the idea of the strange genius doing amazing things was too good to pass up.
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Sam Bankman-Fried's rise and fall shows how we live now: we tweet instead of read.
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Many investors forget that when it's easy to make money, even people who aren't very good at money can make themselves look like real geniuses.
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The arrogance and lack of skill of business giants is an old story. But the risk has grown because digital technology is so easy to scale up.
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A lot of attention has been paid to Ben Bernanke's Nobel, but the theories of banking by Douglas Diamond and Philip Dybvig, who also won a Nobel, also need to be looked at again.
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Home prices can't keep going up like they have in the past few years without the central bank continuing to give out easy money, and this is clear.
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Nubank said Wednesday it will launch the token, called Nucoin, in the first half of 2023.
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What happens when banks lend money? It depends the lending process itself. If lending comes about because of an expansion of credit, then it creates problems.
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In reality, CBDCs are just a way for the government to protect its privileged position and keep a tighter grip on people's money.
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A British food bank that had planned to close on Monday for Queen Elizabeth II's funeral has changed its mind and will stay open.