Our dear friends at the International Monetary Fund recently published a blog post about the need to “uproot finance as we know it” in the name of (drumroll please) “financial inclusion.”

They tell us with alarm that over one billion people on the planet remain “unbanked.” God forbid these poor wretches don’t have a bank account or a Visa card at 30% interest, let alone a lengthy credit history! Something must be done to get them profitably integrated into the financial system.

The IMF’s Orwellian solution is “to use non-financial data” to determine creditworthiness, such as browser type, hardware used to access the internet, history of online searches and purchases, etc.

 This means that Google is at the heart of the imagined new Fintech utopia.

See my recent articles on Google at Substack to understand what this proposed new financial model implies for our collective future.