Where finance and media intersect with reality.
Why shrinking central bank balance sheets is not an option when financialisation quietly drives every incremental unit of GDP.
A bank industry briefing to ECB officials in November last year warned that euro stablecoins may struggle to scale without central bank support.
Legally obligating companies to grant displaced workers equity equal to a year’s salary would spread AI’s windfall, without resorting to UBI.
The legal complaint against Jane Street offers a provocative new interpretation of the Terra Luna collapse, suggesting insider insight — not just structural flaws — may have driven the depeg.
European officials may be warming to the idea of using euro stablecoins as a way to challenge the dollar, but Stephen Miran says the greenback isn’t going anywhere.
The Fed’s most ardent dove, Stephen Miran, said he would reverse his December shift toward easier policy if he is still at the Federal Reserve
In an exclusive interview with the Peg, Stephen Miran outlines his views on inflation, AI labour displacement, balance sheet policy, and much more.
Finteum’s Brian Nolan predicts that funding markets will eventually price more like electricity markets.
The question is what will replace it and how responsive will any new system be to the intraday liquidity needs of the real economy?
China’s trade surplus persists despite tariffs. But few see who’s really financing it.
And what it suggests about how financial pressure could be turned on China and Europe.
Ukrainian drones struck some corporate offices in Novorossiysk on the Russian Black Sea coastline in September, 2025. The Russia-based oil company targeted claimed this was “an all-out