This section gathers short essays and analysis on the global agenda—especially the changing global economic and financial order, monetary and financial transformations, and technology-driven change. Recurring topics include the evolution of the monetary system since 1971, the role of the FED and central banks, systemic fragilities, and how shocks transmit across markets.
A second pillar is digital transformation: Bitcoin and crypto-market dynamics, Web3 and DeFi, and how new infrastructures may reshape money, credit, and power. I also write about the metaverse and the broader digital economy as part of a wider techno-economic shift.
The system we are in, which we can also call the money economy, consists of centralized structures to a large extent. We see these central structures as large financial intermediary institutions both in factories with large production capacity in real production and in financial markets. In short, what we call money is a centrally managed exchange tool. This system is…
Metaverse is a kind of virtual world. It is the fictionalization of the things we do in our lives in the virtual world. Metaverse is like a universe where dreams come true. Metaverse is a three-dimensional virtual world. For example, there may be a copy of the city you live in in the metaverse. Navigating the Metaverse requires gadgets like…