eBook PDF / e-Pub Naked Money: A Revealing Look at What It Is and Why It Matters

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Title:Naked Money: A Revealing Look at What It Is and Why It Matters
Format Type:Ebook
Author:Charles Wheelan
Publisher:W. W. Norton Company
ISBN:0393069028
ISBN 13:
Number of Pages:368
Category:Economics, Non fiction, Business, Finance

Naked Money: A Revealing Look at What It Is and Why It Matters by Charles Wheelan

PDF, EPUB, MOBI, TXT, DOC Naked Money: A Revealing Look at What It Is and Why It Matters Consider the bill .

It has no more value as a simple slip of paper than Monopoly money Yet even children recognize that tearing one into small pieces is an act of inconceivable stupidity What makes a bill actually worth twenty dollars In the third volume of his best selling em Naked em series Charles Wheelan uses this seemingly simple question to open the door to the surprisingly colorful world of money and banking .

The search for an answer triggers countless other questions along the way Why does paper money fiat currency if you want to be fancy even exist And why do some nations like Zimbabwe in the s print so much of it that it becomes more valuable as toilet paper than as currency How do central banks use the power of money creation to stop financial crises Why does most of Europe share a common currency and why has that arrangement caused so much trouble And will payment apps bitcoin or other new technologies render all of this moot .

In em Naked Money em Wheelan tackles all of the above and more showing us how our banking and monetary systems should work in ideal situations and revealing the havoc and suffering caused in real situations by inflation deflation illiquidity and other monetary effects Throughout Wheelan s uniquely bright eyed whimsical style brings levity and clarity to a subject often devoid of both With illuminating stories from Argentina Zimbabwe North Korea America China and elsewhere around the globe Wheelan demystifies the curious world behind the paper in our wallets and the digits in our bank accounts

Introduction to Public Policy, 10 ½ Things No Commencement Speaker Has Ever Said, The Centrist Manifesto, Naked Economics: Undressing the Dismal Science, Naked Statistics: Stripping the Dread from the Data, Revealing Chicago: An Aerial Portrait, Naked Money: A Revealing Look at What It Is and Why It Matters