Money Talks: Alice in DeFi-land
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 15 September 2021
⏱️ 33 minutes
🧾️ Download transcript
Summary
After a painstakingly slow start, the financial system is now digitising fast. Alice Fulwood, The Economist’s US finance correspondent, and host Rachana Shanbhogue explore the different emerging models shaping the future of money and payments.
With David Marcus, head of Facebook Financial and Novi, its new digital wallet system; Benoît Cœuré, head of innovation at the Bank for International Settlements, a club of central banks (recorded at the 2021 Eurofi forum) and Lex Sokolin, head of decentralised finance at ConsenSys, a blockchain software firm.
Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at economist.com/moneytalks
For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Have you heard about the city's best kept secret? Investment trusts? |
| 0:04.0 | At Fidelity, you'll discover six of them. |
| 0:06.7 | We have a global team looking out for your next big opportunity, |
| 0:10.0 | but it won't stay a secret much longer. |
| 0:12.0 | Download our free guide to find out more at fidelity.co.uk slash secret. |
| 0:16.8 | The value of investments can go down as well as up so you may get back less than you invest. |
| 0:20.2 | This is not a personal recommendation, and if you're unsure about the |
| 0:22.6 | suitability of an investment, speak to an authorised financial advisor, |
| 0:25.4 | issued by financial administration services limited, |
| 0:27.6 | authorised and regulated by the financial conduct authority. |
| 0:38.4 | The financial system has been painstakingly slow to digitise. |
| 0:42.2 | It's been overtaken by ride hailing and retail, |
| 0:44.7 | by media, and even by education. |
| 0:49.1 | But things are now moving fast. |
| 0:50.9 | Your listening to money talks from the economist are a weekly podcast on the markets, |
| 0:59.6 | the economy and the world of business. |
| 1:01.2 | I'm Ratch Nashanbogue, and in today's episode we'll be investigating what the future |
| 1:06.1 | of digital money and payments might look like. |
| 1:18.2 | To explore all this I'm joined by Alice Fullwood. |
| 1:20.7 | A Wall Street at American Finance correspondent who's currently paying a visit to London. |
| 1:25.1 | And I can hardly believe it, Alice, but for the first time in far too long we're actually |
| 1:28.6 | recording in person together in a studio. How does it feel? |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Economist, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Economist and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

