Economics Professor Warns 'Cryptocurrencies May Contribute to Monetary and Finan

[sirty143]

Cornell University’s professor of economics and former head of the IMF’s China division, Eswar Prasad, has warned that “Cryptocurrencies may contribute to monetary and financial instability... See more for yourself here.

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[TomPluz]

And that is because he understood well that cryptocurrencies are beyond the control from the government and financial institutions. These economists are old guards of the old financial system that failed us in one way or another...these financial institutions were the fuels of the many financial collapse in the past. So what is this man is talking about? Accusing something which what he is representing has been doing all along? You bet.