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This is a such a classic crypto move. Downplay the risks of stablecoins while simultaneously claiming they are equivalent to bank deposits, an instrument so historically risky we functionally nationalized the entire sector
You realize this is how bank deposits work currently? Yes? If you hold this belief, digital assets should be the least of your worried and you should be in an absolute panic about actual banks.
Christine Desan now introducing the Money as a Democratic Medium conference
New Debates in the Sociology and Political Economy of Finance. Virtual Event (no registration required): harvard.zoom.us/j/97691265539 Monday, June 12, 2023 from 12pm to 3pm ET Details: lpe.law.harvard.edu/events/finance…
In “The Best Way to Rob a Bank is to Own One” Bill Black says the S&L crisis was exacerbated by 3 Ds: “deregulation, de-supervision and de facto decriminalisation”. Today has many parallels plus a 4th D: a digital bank run My latest @TheEconomist 🧵 economist.com/by-invitation/…
Noah Kemohah (JD Student, University of Tulsa) puts forward his proposal to develop a sovereign bank on the Osage Nation and pre distribution of resources to under capitalized communities.
It’s time for money to jump the fence- and join the curriculum across disciplines in Academia- from Journalism, communications, health and environment. -Prof Benjamin Wilson
Professor Benjamin Wilson, describes value beyond profit, the myth and legend of status quo monetary policy, and how the experimental project of $ fits inside nested institutions.
Cate McAnulty describes successful lessons from advocacy in Massachusetts legislatures— including meeting political gulfs through strong advocates that can reach across those voids and ally with potential opposition groups.
This morning’s first panel- Learning Through Doing- the pedagogy and praxis of public monetary and banking reform has begun.
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