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Showing posts from August, 2025

A world reserve

 The global financial system rests on a striking reality: almost all countries rely on a currency they do not control. The US dollar is the world’s primary reserve currency, underpinning international trade, finance, and central bank reserves. From oil contracts to cross-border loans, the dollar dominates as the medium of global exchange. This arrangement brings a measure of stability; after all, the dollar is backed by deep US financial markets, strong institutions, and relative trust in the Federal Reserve. But it also creates vulnerabilities. A system where one nation’s currency is the foundation of global commerce means the economic choices of that nation ripple far beyond its borders. This can pose some risks, especially under the uncertainty of monetary policy in the country that holds the world's currency. With the Federal Reserve being threatened with losing its independence from government, it has shaken markets as members are being threatened with being fired for not com...

The corporate Ring of Gyges

 The philosophy of what makes us act virtuously has long been pondered by society. As far back as the ancient Greeks, Plato brought up a valuable insight into whether we would still do right even if we weren't accountable for our actions. In his thought experiment, he imagined a ring with the power to make its bearer invisible and thus immune to social ostracisation and consequences. This ring would devour its wearer with amoral thoughts and exacerbate their flaws and sins.  Now, what if you created a system that hid the decision-makers? A system where everyone is encouraged to let the power and greed corrupt them for their benefit. A system where liability is limited.  Thousands of companies exist, and I'm not going to be the one to completely unravel the current economic system, for it does have some amazing benefits; the fact I can publish this article at all comes from the backs of millions following the system for what it specialises in. I simply want you, by the end...