How do money and power interact in the twenty-first century? How are we going to address the risk of inflation? And is it realistic to think that the war in Ukraine, which has changed the world even more than Covid-19, is going to trigger a new cold war not only between countries but also between monetary areas? The international financial system is still broadly dominated by the dollar, but a currency “multipolarism” is starting to take shape, and it includes the cryptocurrency phenomenon. Geopolitics and geoeconomics intertwine and interfere.
This issue, with analysis by many different economists and technology experts, delves into the world of currency, past, present and future.