The Peg

The Peg

The Daily Peg

Summer flu strikes at a gathering of professional economists seeking insight into the future of the international monetary system.

Izabella Kaminska's avatar
Izabella Kaminska
Jun 11, 2026
∙ Paid

Editorial hello

I’m afraid there’s not much insight from me today. I’ve been struck down with a terrible summer cold. And to make matters worse, I may have also contaminated my fellow panelists, Felix Martin and Russell Napier, at a very insightful little gathering last night organised by the Society of Professional Economists and focused on the Future of the International Monetary System. I was there mapping out what role gold tokenization may play in that future, albeit in clearly subpar form.

white ceramic mug on white table beside black eyeglasses
Photo by Kelly Sikkema on Unsplash

Both Felix’s and Russell’s contributions were stellar as expected. Russell had 10 minutes to run through his vision for how Volcker’s “non-system” is likely to evolve and somehow he managed to deliver it.

For those not familiar with Russell’s thesis, I’ve got a separate post coming on it.

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