Ooh fun, the Phoebas Cartel. The New Yorker also ran a piece which touched on this a little while back: https://www.newyorker.com/business/currency/the-l-e-d-q

Ooh fun, the Phoebas Cartel. The New Yorker also ran a piece which touched on this a little while back: https://www.newyorker.com/business/currency/the-l-e-d-quandary-why-theres-no-such-thing-as-built-to-last https://www.newyorker.com/business/currency/the-l-e-d-quanda...