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← Banks cannot globalize like software companies because banking is tightly bound to national monetary sovereignty.

16 connected korrents · 12 moments from 9 Feb 2022 to 22 Sept 2026.

Everything filed under government government Everything filed under America America Everything filed under interest rates interest rates Everything filed under infrastructure infrastructure Everything filed under energy energy Everything filed under market efficiency market efficiency Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: Banks cannot globalize like software companies because banking is tightly bound to national monetary sovereignty. Banks cannot globalize like softwarecompanies because banking is tightly boundto national monetary sovereignty. Last stated 2 months ago 19 Sept 2026 BH Byrne Hobart — holds since 2026-09-19 — tap for who they are Same subject: Having banked almost everyone does not entitle banks to a fee on every transaction in society. — tap to centre the map on it Having banked almost everyone doesnot entitle banks to a fee on everytransaction in society. Last stated a year ago 13 Aug 2025 PM Patrick McKenzie — holds since 2025-08-13 — tap for who they are Same subject: A group of individually solvent banks can still collectively fail if the banking system as a whole becomes too leveraged relative to potential withdrawal demand. — tap to centre the map on it A group of individually solventbanks can still collectively fail ifthe banking system as a wholebecomes too leveraged relative topotential withdrawal demand. Last stated 8 months ago 11 Mar 2026 LA Lyn Alden — holds since 2026-03-11 — tap for who they are Same subject: A country cannot have radical technological breakthroughs and also refuse to tolerate uncomfortably rich people, because the financial system it resents is what funds the innovation. — tap to centre the map on it A country cannot have radicaltechnological breakthroughs and alsorefuse to tolerate uncomfortablyrich people, because the financialsystem it resents is what funds theinnovation. Last stated a year ago 13 Aug 2025 KJ Keyu Jin — holds since 2025-08-13 — tap for who they are Same subject: A new monetary network with its own unit can only bootstrap from zero to mass adoption through a period of upward price volatility. — tap to centre the map on it A new monetary network with its ownunit can only bootstrap from zero tomass adoption through a period ofupward price volatility. Last stated a year ago 6 Jul 2025 LA Lyn Alden — holds since 2025-07-06 — tap for who they are Same subject: Some domains cannot be launched into early: where security, partners and money movement are preconditions, you have to build first. — tap to centre the map on it Some domains cannot be launched intoearly: where security, partners andmoney movement are preconditions,you have to build first. Last stated 3 months ago 31 Jul 2026 PC Patrick Collison — holds since 2026-07-31 — tap for who they are Same subject: In a managerially run company legitimacy lives in the plan rather than in any person, which is why changing anything takes enormous activation energy. — tap to centre the map on it In a managerially run companylegitimacy lives in the plan ratherthan in any person, which is whychanging anything takes enormousactivation energy. Last stated a year ago 18 Sept 2025 TL Tobias Lütke — holds since 2025-09-18 — tap for who they are Same subject: The world economy is flat for capital, goods and ideas, and has a legal cliff at the border for people. — tap to centre the map on it The world economy is flat forcapital, goods and ideas, and has alegal cliff at the border forpeople. Last stated 4 years ago 2 Mar 2023 LP Lant Pritchett — holds since 2023-03-02 — tap for who they are Same subject: A ban on AI is unlikely. — tap to centre the map on it A ban on AI is unlikely. Last stated 4 months ago 18 Jul 2026 JH John Horgan — holds since 2026-07-18 — tap for who they are Same subject: A ban on self-recursive improvement in AI models would create a big incentive for some other parts of the world to invest a lot more in compute. — tap to centre the map on it A ban on self-recursive improvementin AI models would create a bigincentive for some other parts ofthe world to invest a lot more incompute. Last stated a month ago 22 Sept 2026 TC Tyler Cowen — holds since 2026-09-22 — tap for who they are Same subject: A border wall through Big Bend would be a monument to corruption that makes no one safer. — tap to centre the map on it A border wall through Big Bend wouldbe a monument to corruption thatmakes no one safer. Last stated 4 months ago 13 Jul 2026 JT James Talarico — holds since 2026-07-13 — tap for who they are Same subject: A democracy should never let all its information concentrate in one hub, government or corporate — tap to centre the map on it A democracy should never let all itsinformation concentrate in one hub,government or corporate YH Yuval Noah Harari — holds since c. 2024–2025 — tap for who they are Same subject: A great danger of democracy is class legislation serving the dominant class — tap to centre the map on it A great danger of democracy is classlegislation serving the dominantclass JM John Stuart Mill — holds since c. 1861 — tap for who they are Same subject: A healthy democracy engages with protesters to hear their claims — tap to centre the map on it A healthy democracy engages withprotesters to hear their claims Last stated 5 years ago 9 Feb 2022 DH David Heinemeier Hansson — holds since 2022-02-09 — tap for who they are Same subject: A candidate's political success is increasingly disconnected from their actual record of accomplishment. — tap to centre the map on it A candidate's political success isincreasingly disconnected from theiractual record of accomplishment. Last stated 2 months ago 31 Aug 2026 DD Daniel W. Drezner — holds since 2026-08-31 — tap for who they are Same subject: A citizen deciding politically should ask what is good for the community, not what is good for themselves — tap to centre the map on it A citizen deciding politicallyshould ask what is good for thecommunity, not what is good forthemselves JT Joseph Tussman — holds since c. 2000 — tap for who they are Same subject: A consistent liberal is not an anarchist — tap to centre the map on it A consistent liberal is not ananarchist MF Milton Friedman — holds since c. 1962 — tap for who they are
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At the centre Banks cannot globalize like software companies because banking is tightly bound to national monetary sovereignty. Last stated 19 Sept 2026 · 2 months ago Holds Byrne Hobart Read this korrent →