A new way to pay – How Tom cracked instant payments

Governments that create their own currency have a unique advantage in the financial system: in theory, they cannot run out of money. This is the gist of Modern Monetary Theory (MMT), a framework that reshapes how we understand government spending and economic management. At its core, MMT argues that countries issuing…

In recent years, a striking metaphor has begun circulating among economists and tech critics: we might be living in technofeudalism rather than capitalism. Picture it as our digital Middle Ages, with Google, Amazon and Meta cast as new-age lords, and the rest of us as their dependents – or “cloud…