Olivier

Klein

04.30.2026 6 min

Uncategorized

Monetary Debasement: When Abundant Liquidity Undermines Trust and the Social Fabric

Long confined to the manipulation of precious metals under the Ancien Régime, monetary debasement today refers to a more insidious process: the gradual dilution...

04.10.2026 2 min

Economical policyGlobal economy

Artificial Intelligence: The New Frontier of the Value of Work

The future of work will be neither one of humanity replaced nor one of humanity unchanged. It will be a future of deeper complementarity...

04.10.2026 3 min

BankEconomical and financial crisis

Monetary policy facing its limits in a highly uncertain world

The ECB is now bound to a stance of vigilant patience. It significantly lowered its rates from June 2024 to June 2025 and could...

02.15.2026 5 min

ConjonctureEconomical and financial crisis

Cryptocurrencies, Bitcoin and the Questioning of Official Currencies

Born of a radical distrust of central banks and governments, cryptocurrencies seek to build a monetary order without sovereign authority. Yet economic history shows...

02.15.2026 2 min

ConjonctureEconomical and financial crisis

A 20-Point GDP Gap with the United States: Europe Is No Longer Falling Behind — It Is Settling into Decline

For nearly two decades, Europe has been sliding into a quiet but profound relative decline. The widening gap with the United States is no...

02.15.2026 5 min

ConjonctureEconomical and financial crisis

Why Europe Is Falling Behind — and How to Accelerate

As global power shifts toward a more technological and competitive world, Europe’s relative economic decline has become a strategic concern. Understanding why Europe is...