He was one of the first people to predict, correctly, that a system of freely floating exchange rates, unconnected to gold, would work just fine.
FORBES: We're In Milton Friedman's World
That same year, Amazon.com won a patent for its one-click ordering system, which struck many critics as being too obvious and unconnected with machinery to be patentable.
FORBES: The Supreme Court Keeps Business-Method Patents Alive
The banking system, dominated by the government-controlled Sberbank, barely functions for many unconnected would-be borrowers.
FORBES: Companies & Strategies
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