Entering text into the input field will update the search result below

Important Questions About Money

Aug. 01, 2021 9:15 PM ET3 Comments
John M. Mason profile picture
John M. Mason


  • Cryptocurrencies are playing a greater role in the financial area of economies these days and are going to play an even greater role in the future.
  • To understand cryptocurrencies, investors must understand that they are more a part of the trend of financial innovation coming out of the 1980s and 1990s than just new creations.
  • Cryptocurrencies are playing the role of a store of value and the action in these assets reflects this particular characteristic.
  • Digital currencies, like the one being created by China, are aimed to serve as a medium of exchange and this will distinguish one from the other as the role of money continues to evolve.

Fintech (Financial technology) concept.
metamorworks/iStock via Getty Images

Gillian Tett, Chair of the editorial board of the Financial Times and editor-at-large, U.S., just published a very interesting article, something that she does quite often.

The current article I am interested in was just

This article was written by

John M. Mason profile picture
John M. Mason writes on current monetary and financial events. He is the founder and CEO of New Finance, LLC. Dr. Mason has been President and CEO of two publicly traded financial institutions and the executive vice president and CFO of a third. He has also served as a special assistant to the secretary of the Department of Housing and Urban Development in Washington, D. C. and as a senior economist within the Federal Reserve System. He formerly was on the faculty of the Finance Department, Wharton School, the University of Pennsylvania and was a professor at Penn State University and taught in both the Management Division and the Engineering Division. Dr. Mason has served on the boards of venture capital funds and other private equity funds. He has worked with young entrepreneurs, especially within the urban environment, starting or running companies primarily connected with Information Technology.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Comments (3)

Thank you for your insightful articles, especially this area. What strikes me regarding asset prices mushrooming is this: FANG stocks represent companies of real service value (even if 2 of them -facebook & netflicks- are only for entertainment & completely replacable). Otoh, cryptocurrencies purely as an asset keep reminding me of tulips.
China's cryptocurrency seems more like a strategic extension tool of the yuan, as they are outlawing bitcoin & other competitors.
Since the end of the Gold Standard in 1971 . the Global Economy is less than the tripling of Global Debt : is that Good or Bad ?

Is this accurate ?
@manfac How did you get what you wrote from "The total global debt is now more than three times the size of the global economy"?
which "translates" to The Global economy is less than 1/3 of the total global debt ...
And yes, I think that's bad, especially given the exponential rate at which it is increasing.
Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.