Issue Balanced Books

Summary

Balanced Books asks what would happen if monetary policy were no longer needed. Machine intelligence, edge computing and the Internet of Things would make traditional tools like adjusting interest rates obsolete. The expected result is greater financial stability and more sustainable growth. The opportunity sits within the Boundless Multidimensional Data megatrend and draws on trends such as the digital economy, open data and international collaboration. Its keywords include central bank automation, digital twins, financial stability, macroeconomics and responsible AI, with finance, government services and real estate among the sectors most affected.