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New York’s First Encounter with Gresham’s Law
In the 1630s and 1640s, Willem Kieft helped usher in one of the first cases of monetary mismanagement in the new colonies of North America.
READ MOREYes, Dr. Roubini, Blockchain Is Overhyped — and That’s a Good Thing
In an article in The Guardian this week, economists Nouriel Roubini and Preston Byrne call blockchain “one of the most overhyped technologies ever.” In an earlier piece, Roubini predicts that Bitcoin and other cryptocurrencies collectively are “the mother of all bubbles.”
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