CHAPTER 14The Money Game

In this new market . . . billions can flow in or out of an economy in seconds. So powerful has this force of money become that some observers now see the hot-money set becoming a sort of shadow world government—one that is irretrievably eroding the concept of the sovereign powers of a nation state.

BUSINESS WEEK

Each day, half a million to a million people arise as dawn reaches their part of the world, turn on their computers, and leave the real world of people, things, and nature to immerse themselves in playing the world’s most lucrative computer game: the money game.1 Online, they enter a cyberspace fantasy world constructed of numbers that represent money and complex rules by which the money can be converted into ...

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