In this podcast, we take a look at a rarely discussed, structural vulnerability in advanced societies: the payments and settlements system. We first put this system in the historical context of economic warfare, then look at some potential forms of attacks, followed by a discussion with Michelle Couturier about possible local defensive measures.The vulnerability of the advanced economies to economic warfare attacks is increasing as we use primarily fiat currencies, the largest part of which exist in digital formats only with little to no reserves. At the same time, we have allowed the functioning of our local, national and international
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