Look at something like Uber... on balance- it's still a taxi service! In the end, what they designed was a different way to connect customers and a service provider using technology, leading to a better experience for both.

We are now at the same crossroads, with impact. There is an interesting parallel here with 1933, when we introduced the GAAP. Until then, there had been no real transparency on profit! After the Great Wall Street Crash of 1929, investors sat-up and said 'hey, this is crazy!' and they got transparency through the adoption of GAAP.

I think there is huge volatility in short-term investing. If we keep a long-term perspective in mind, we will go through the good cycles and the bad cycles and reach the other side. Short-term vision does not allow one to build better businesses and create value.

We need to be saying, '…fuck you! Stop pouring itching powder over me!' It's like someone is pouring itching powder over us, all day, every day. The same person pouring itching powder over us is also the person saying, 'mate… try this meditation app….'

The role of the dollar rests on many other things, not just economics. There is a reason why the likes of Alfred Smith, and Karl Marx studied politics and not economics.