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book jacket
BOOK
Title Naked money : a revealing look at what it is and why it matters / Charles Wheelan
Imprint New York ; London : W.W. Norton & Company, [2016]
©2016

LIBRARY / MAP CALL NUMBER STATUS MESSAGE
 Stadsbibl:Slottet vån 3 Samhällsvetenskap  332 engelska    CHECK SHELF  ---
Edition First edition
Descript xx, 348 pages : illustrations ; 25 cm
Content Part I: What It Is -- 1. What Is Money -- 2. Inflation and Deflation -- 3. The Science, Art, Politics, and Psychology of Prices -- 4. Credit and Crashes -- 5. Central Banking -- 6. Exchange Rates and the Global Financial System -- 7. Gold -- Part II. Why It Matters -- 8. A Quick Tour of American Monetary History -- 9. 1929 and 2008 -- 10. Japan -- 11. The Euro -- 12. The United States and China -- 13. The Future of Money -- 14. Doing Central Banking Better
Note Includes bibliographical references (pages 309-329) and index
"The best-selling author of Naked Statistics and Naked Economics explores the colorful world of money and banking to answer such questions as how money creation is used to counter financial crises, why the shared European currency has caused so much trouble and how Bitcoin will impact the future"--NoveList
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 $20 bill actually worth twenty dollars? In the third volume of his best-selling Naked 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 1990s, 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 cause so much trouble? And will payment apps, bitcoin, or other new technologies render all of this moot? In Naked Money, 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 account. -- from dust jacket
Subject Money -- History
Finance -- History
Banks and banking -- History
Pengar -- historia
Banker -- historia
Classmark 332.4
Qaea
ISBN/ISSN 9780393069020 (hardcover)
0393069028 (hardcover)
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