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Slate Money

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The Pros and Cons of the Digital Currency

Two weeks ago, the federal reserve put out a long awaited paper on a us. Digital currency. The cons for both china and the united states are the same, and, in fact, they're bigger. For china, the cons are about the banks. Rit chi a has a bunch of banks with a bunch of loans, and those loans are looking a bit dodgy. A tha, the property market in china is cooling down rapidly and possibly even shrinking.

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