Word: revolutionizing
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Dates: during 1990-1999
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This "cash-interest phenomenon" may sound trivial, but it's a link to a whole other revolution in finance: the dissolution of the government monopoly on money. After all, if some small bank in Luxembourg or Belize is willing to pay you more interest on your digital cash, who are...
Electronic cash can also be two-way anonymous--totally untraceable and a dream for international criminals. Even old-style tax cheats would be entranced by an anonymity that would allow them to earn income without forking over a chunk to Uncle Sam. And that means rejiggering the IRS--and quickly...
If there is a Magna Carta for this new world of electronic finance, a single document that spells out the terms and scope of the revolution that will shift money power away from central bankers and into the hands of consumers, it could be found in "Financial Markets in 2020...
In his life he was compared (often by himself) to an eagle, a titan, an ogre, a monster; to Homer, Shakespeare, Dante and Cervantes. He wrote enormous, turbulent, dark novels, two of which (Les Miserables and Notre-Dame de Paris, known in English as The Hunchback of Notre Dame) in...
I take exception to the statement that Butte's destiny will be decided by outside forces. That ignores the creativity and tenacity of the citizens of this unique community. Once a "one-industry, one-company town," Butte now has an economy that is balanced, a feat achieved by the residents...