This piece draws together ideas emerging from recent conversations with some of the most compelling monetary thinkers around — most prominently Brent Johnson and Michael Every. What I find particularly striking is that the USD stablecoin thesis explored here isn't confined to one corner of the ideological map. Thinkers like Yanis Varoufakis, coming from a … Continue reading The Imperial Circle Returns: Are USD Stablecoins America’s Next Monetary Weapon?
Tag: Economics
Copernicus, Wittgenstein, Gold, and The Dollar
In my previous post, I described how the Bretton Woods agreement placed the U.S. dollar at the center of the global financial system; how that embeddedness deepened over decades; and how the structural mechanics of that arrangement generated the imbalances we now experience as geopolitical strain, excessive financialization, and social fragmentation. Running quietly beneath that … Continue reading Copernicus, Wittgenstein, Gold, and The Dollar
Triffin’s Dilemma: A Fundamental Frame for Understanding and Navigating Our Time
One of the bedrock principles in my sensemaking toolbox is simple: Always determine the role of mechanical, deterministic causality before imputing human motivation or making moral judgments. In practical terms, this means asking a prior question before doing any moral or political analysis: What would happen here even if no one were trying to make … Continue reading Triffin’s Dilemma: A Fundamental Frame for Understanding and Navigating Our Time
