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 IMF was ready to create the world’s reserve currency in 1969. That is SDR, Special Drawing Rights. That is, until President Nickson broke the bond between gold and dollar in the summer of 1971 and tied the dollar to oil. That’s when the dollar became the world’s reserve currency. So is this situation changing? What s SDR ? “The…
Emmanuelle Charpentier and Jennifer A. Doudna, winners of the Nobel Prize in Chemistry for recent research, discovered the CRISPR-CAS9 genetic scissors (2020). Using them, the researchers were able to modify the DNA of animals, plants and microorganisms with extreme precision than before.
As I mentioned in my previous articles, Basel 3 is a framework developed by the Basel Committee on Banking Supervision (BCBS) in order to prevent the collapse of the financial system after the 2008 financial crisis, or rather to enable it to float. It regulates the capital and liquidity requirements of banks.
There was something I mentioned in my previous post. Reverse repurchase agreements. Why does the Fed make a reverse repurchase agreement? To borrow money from large banks and financial institutions with high guarantees. It gives them repurchase agreements and narrows their reserves. Of course, he buys these collaterals back with interest after a while.
America announced that it will spend 6 trillion dollars in 2022. So why is this expenditure being made? How will this expenditure affect the prices of commodities such as gold and silver? Spending $6 trillion first makes everyone think that it will push up the stock market, gold, silver and bitcoin prices. This weakens the dollar and causes inflation. Will it really…
With the centralization of population, production and therefore job opportunities, the urban life has come to a point that threatens human health, which has caused health services to be large and centralized. While all kinds of centralization reduced productivity over time, it slowed down the fast pace of work and made bureaucracy chronic. To give an example of the centralization…
We witness that street events flare up from time to time around the world. Is it possible to predict these events in advance? For example, were the popular uprisings called the Arab Spring predictable? Besides, is the analysis of the market timing indicator developed by Morgan Stanley sufficient to follow the market closely and act at the appropriate time?( Morgan Stanley Combined Market Timing Indicator…
We started hearing about blockchain with bitcoin. What is blockchain actually? Blockchain is like a global open ledger. It is used not only in the production of cryptocurrencies, but also in many different areas such as storage, management and storage. We can say that blockchain technology will be at the heart of the fourth industrial revolution. Blockchain not only creates a safe and…