The question of whether AI will generate massive productivity gains is easy to answer: Yes. But as long as it is used to eliminate wage labour while syphoning off profits from actual markets into our tech lords' cloud rents, the economic value produced per worker will tank.

Yanis Varoufakis

The steady rise of stablecoins is setting the stage for the next financial meltdown. The Federal Reserve could defuse the time bomb by issuing a digital wallet, the mother of all stablecoins.

Yanis Varoufakis