Nobel Laureute Economist: US Should Move to Digital Currency, Get Rid of Fiat
Joseph Stiglitz, Nobel Prize-winning economist recently said that the U.S. should phase out fiat currency and move toward digital currency, at the World Economic Forum’s Annual Meeting in Davos, Switzerland. Speaking in the session called Ending Corruption, Stiglitz said that phasing out money and introducing digital currency has ‘benefits that outweigh the cost,’ in the long term. He states by saying: You can put it into the context of one of the big issues being discussed here in Davos this year is the backlash against globalization, the darker side of globalization. The lack of....
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