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A tall stack of hot takes
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A tall stack of hot takes

Ten arguments to make you flip over the table in rage.

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Noah Smith
Apr 23, 2021
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A tall stack of hot takes
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1) Crypto speculation could be good for the real economy.

There are a number of ways that financial speculation can be bad for the real economy. The first is that when people and institutions borrow money to buy financial assets and then those assets crash, it can do grievous damage to the real economy — it forces financial institutions to slow down or h…

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