Join us in this very special edition of the Money Movement with an in-depth conversation with Lawrence H. Summers on the global macro environment and the role and prospects for global digital currency.
Live on YouTube @ 1p EDT Thursday, June 25
Mr. Summers brings decades of experience as a leader within the global economic system, and has been tracking innovations in financial technology, the internet and digital currency closely.
Mr. Allaire and Mr. Summers will discuss the current global economic landscape, recent shifts in monetary policy and central banking based on the global economic crisis, including a discussion on the structural and systemic political and economic risks that exist in the current dollar-driven Western fiat banking system.
The two will also discuss the rise of digital currency, including global stablecoins, and the potential they offer for changes in not just how payments and value exchange takes place, but ultimately on the prospects for a new post-Bretton Woods international monetary system anchored in synthetic digital currencies, including how such as global digital currency system might begin to reconcile the growing polarisation between Western economies and China.
About the Show
The global economy is experiencing unprecedented challenges and change. Business leaders everywhere are grappling with how to transform their companies to become more digital, resilient and efficient. As we face this change, a new global movement is building around the promise of digital currencies and blockchains — forming a new architecture for the global economy and creating new opportunities for companies everywhere. The Money Movement explores and chronicles the issues and ideas driving this brave new world of digital money.
The Money Movement is brought to you by Circle. Our mission is to raise global economic prosperity through programmable internet commerce. Learn more about Circle Business Accounts and Platform APIs at circle.com.