The Inversion of Hegemony: When the Dollar Needs Foreign Jurisdictional Nodes

Dollar Needs Foreign Jurisdictional Nodes By: Signal & Value – Manoel Lucas Marthos | Geoeconomics & Market Microstructure Analysis Frequently, we are led to believe in a unidirectional truth: that emerging market currencies, such as the Brazilian Real, are mere vassals that “need” the Dollar to survive. However, a deeper analysis—both sociological and technical—of the … Read more

The Myth of Traveling Money: “Server” Sovereignty and the BRICS Currency Dilemma

By Manoel Lucas Marthos There is an optical illusion in the global financial market that confuses even experienced investors. When we say that “capital fled from Brazil to the US,” we digitally imagine banknotes flying through submarine fiber-optic cables, leaving São Paulo and landing in New York. This does not happen. Centralized fiat money does … Read more