Quantum Finance
Many years ago during the height of my days at Bankers Trust (late 1980s, I think), our then Chairman, Charlie Sanford (rest his soul) got on a kick of predicting the future and wrote an paper that he presented at a gathering at the Kansas City Federal Reserve Bank. The paper was titled Quantum Finance, and it was a prediction that our consumer financial system would evolve into a complex kluge of payment processing where…