"Today no money in the world fully performs all three services. National currencies are being used as means-of-payment and standard-of-value money, b u t...
"Today's the day." ~ Mel Fisher Why does a reinsurance company's annual letter get me this fired up? Ross Stevens weaves together treasure hunting,...
"The headroom there isn’t unlimited — expect it to show up as fee pressure and backlogs and less ability to quickly resolve transaction storms....