My fear, as always, is that there is a growing consensus on the other side of the aisle that rapid technological changes are becoming so disruptive and renewable energy is so cheap that there is no economic risk in accelerating or even mandating a path to zero-carbon emissions.
Gonzalez warns against the risks of hastily transitioning to renewable energy.
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A very robust set of regulation, akin to bank-like regulations, would solve a bank-run type of instability, yes.
When I look at the housing market today and really for the last several years, I think what we see is a clear supply and demand imbalance which is jacking up prices.
So there was a recently released Grid Strategies report that says, for every $1 invested in transmission, customers see $3 in benefits.
Quality of reserves, liquidity, transparency, redemption rights, these are the sorts of things we should be talking about when we are talking about well-regulated stablecoins.
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