Quick Answer What is the Techno-Dollar? The idea that just as Saudi oil created sustained global dollar demand in the 1970s — American AI may be doing something similar today. The AI stack is heavily dollar-denominated at the infrastructure layer — from chips to cloud to frontier model access. As the world buys AI infrastructure,…
Quick Answer: In June 2026, India did two things that looked contradictory. It offered to absorb hedging costs to attract foreign currency deposits — and separately, signaled an informal cap on how much foreign money it wants in its government bond market. Both moves come from the same place: foreign capital is valuable, but it’s…
From the Nixon Shock to the 2025 Tariffs — Why Does India Keep Paying the Bill for Someone Else’s Emergency? Prologue: My Game, My Rules We all remember that one kid from the neighbourhood cricket match who owned both the bat and the ball. As long as he was winning, everything was fine. Standard rules….