Matt Levine, Columnist

Maybe Dollars Should Be Digital

Also CDS, GAAP accounting and creme brulee.

June 11, 2018 at 2:52 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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American Vollgeld.

One weird thing about the U.S. financial system—and most modern financial systems—is that it is basically impossible to hold cash electronically. I wrote last month:

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