Since the coronavirus pandemic, many of us have switched from paying by cash to paying almost exclusively by card or digital wallet. My guest on the latest New Money Review […]
Payment cards linked to cryptocurrencies are booming. But adding a volatile, fraud-ridden new technology (crypto) to a rickety old one (card payment networks) risks all kinds of new problems. By […]
The initial reaction from traditional financial markets to the sudden bankruptcy of cryptocurrency exchange FTX was dismissive. But could high-frequency trading (HFT) firms be the vector for contagion from crypto […]
There are periods in human history when money and foreign policy converge—and this is one of them, says Paul Tucker, my guest on the latest New Money Review podcast. Tucker, […]
Money theorist David Birch thinks we will all live in a world of multiple competing currencies. And communities, says Birch, will be one of the five main future issuers of […]
By keeping interest rates near zero for over a decade, central banks have created profound economic insecurity and financial fragility. That’s the argument of financial historian Edward Chancellor, guest on […]
Two events in the last fifteen years have fundamentally altered the way the financial system operates—and neither was planned by global policymakers. The great crash of 2008 stopped banks from […]
How criminals can profit from shared liability BNPL (Buy Now Pay Later) is a type of short-term financing allowing consumers to make purchases and pay at a later date (often […]
Cryptocurrency billionaires are gaining a political foothold in countries rich and poor. Their influence now extends into governments, legislatures, charities and educational establishments around the world. In the US, cryptocurrency […]
There’s a rising superpower in the world of money—a country that’s cut off from the global financial network, but which is playing an increasingly prominent and disruptive role within it. […]