Chips
Clearing House Interbank Payments System netting
Episodes
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#6015: How Banks Move a Million vs a Billion DollarsA million and a billion are the same number to a computer. The difference is liquidity, netting, and where the payment actually settles. -
#5441: Dollar Plumbing: Why Bessent's Iran Threat Has TeethOne line from Treasury can ground an airline worldwide. The reason lives in New York's clearing houses, not the currency itself. -
#4423: The Cookie That Changed the WebThird-party cookies are dying, but first-party cookies aren't going anywhere. Here's what actually happens when you browse. -
#3346: How $500M Trades Actually Work (Not Venmo)No, fund managers don't have a "send $50M" button. Here's the actual plumbing behind $145 trillion in assets. -
#1025: The Three-Day Money Gap: Why Banking is Still So SlowEver wonder why digital money takes days to move? Explore the hidden friction of the global banking system and the race for instant speed.