Sublime

Third, this constant and pointless demand for financialization will create political and business opportunities to better facilitate it.

Today, interest rates are exceptionally low and the growth outlook for advanced economies is modest at best. This leads us to conclude that the question is when markets will start putting pressure on governments, not if.

Essentially, we have two money systems that we as normal citizens take part in. The state physical (cash) and the bank digital (numbers on a digital ledger) money systems. The writer Brett Scott, in his book Cloudmoney, has presented extensive evidence of how private banks have been influencing consumers and businesses to be more “cashless”, hurtin