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Will Facebook’s Libra turn into a cancer?

Velasco Branes, Andres and Chang, Roberto (2019) Will Facebook’s Libra turn into a cancer? Project Syndicate.

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Abstract

Facebook's planned cyber currency, Libra, is little more than a glorified currency board – the failed arrangement that in 2001 caused the largest sovereign default the world had ever seen. A major risk is devaluation – and the problems don't stop there.

Item Type: Article
Official URL: https://www.project-syndicate.org/
Additional Information: © 2019 The Authors
Divisions: School of Public Policy
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Subjects: H Social Sciences > HG Finance
Date Deposited: 08 Nov 2019 13:18
Last Modified: 21 Nov 2019 00:33
URI: http://eprints.lse.ac.uk/id/eprint/102451

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