Faculty News
Professor Nouriel Roubini shares his perspective on the future of China's sovereign digital currency
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Excerpt from Abacus -- "Nouriel Roubini, a professor of economics at New York University's Stern School of Business, said the main problem, however, with the potential success of central bank digital currencies would be that they could disrupt the current system of traditional banking business of taking deposits to use the funds to extend loans."
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