Money Wisdom #437

"By focusing not on the actions of traders but on the movement and flows of money in financial markets, I show that at issue in regard to finance markets, and specifically post Bretton Woods agreement finance markets, is not a trade on the future but a shifting relationship between time and money. In such markets, time is not a simple vessel through which money flows and moves; rather, money and time merge together."

Lisa Adkins The Time of Money (2018) p. 13