BasisPointInsight.com - India’s Case for Monetary Sovereignty in a Changing Order by Srinath Sridharan, Anand Venkatanarayanan The future of power in finance lies not in currencies alone, but in who controls how they settle. by Srinath Sridharan, Anand Venkatanarayanan, BasisPointInsight.com

3/4 If settlement is the new arena of influence, can India afford to remain an observer? Does staying out preserve autonomy, or quietly surrender it? And in a world of fragmented finance, is sovereignty about independence, or participation in shaping the rules?

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Semiconductors Without Seigniorage | Economy | Breeze in Busan The world bought Korean chips and U.S. T-bills. Export earnings lifted equities, dollar yields lifted portfolios, and the won traded as risk. The semiconductor boom created corporate value, not curren...

Trade strength no longer drives currency strength. Portfolio flows, collateral roles, and dollar institutions define the hierarchy — KRW stays peripheral. breezeinflow.com/economy/semi...
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