Money So Big Jun 2026

As finance writer Felix Salmon famously noted, the problem with having $100 billion is that you have effectively "won" capitalism. There is nothing left to buy that requires effort. The game is over. The result is a strange existential crisis where the only thing left to purchase is the structure of society itself.

The truly “big” money will not be a single digital dollar or euro. It will be the where private and public money coexist on shared ledger infrastructure. The winners will be jurisdictions that solve the privacy-policy trade-off fastest. The losers will be those clinging to batch-processed, 20th-century payment rails. money so big

To address the issue of "money so big," policymakers must consider a range of policy responses, including: As finance writer Felix Salmon famously noted, the

Central banks are not digitizing money for convenience; they are responding to three existential threats: The result is a strange existential crisis where