 ConclusionsDaniele D’Alvia ()
Chapter Chapter 7 in The Speculator of Financial Markets, 2023, pp 279-300 from Palgrave Macmillan Abstract: Abstract This chapter is the epilogue of this book. It provides the reader with pointers in financial markets particularly directed in outlining the future role of crypto finance, artificial intelligence, and sustainable finance. The chapter re-evaluates the importance of confidence in financial markets, and it analyses the mechanisms behind its restoring process at the inception or in the aftermath of a financial crisis. Paradoxically confidence stands, simultaneously, as a synonym for certainty and uncertainty. Proclamations of confidence are frequently used as substitutes for substantive action. Within this fragile and delicate equilibrium in economics the chapter provides consolidating remarks and reveals the verisimilitude of the financial stage, namely that money does not have intrinsic value and that the financial system depends upon the plausibility of narratives of wealth and commerce performed by those best positioned to know those narratives: speculators and insiders. Keywords: Artificial intelligence; Blockchain; Compliance; Confidence; Supervision (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-031-47901-4_7 Ordering information: This item can be ordered from DOI: 10.1007/978-3-031-47901-4_7 Access Statistics for this chapter More chapters in Palgrave Macmillan Studies in Banking and Financial Institutions from Palgrave Macmillan |
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