The Power of Money
eBook - ePub

The Power of Money

How Governments and Banks Create Money and Help Us All Prosper

  1. 278 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

The Power of Money

How Governments and Banks Create Money and Help Us All Prosper

About this book

WALL STREET JOURNAL BESTSELLER

Money permeates our everyday lives—it literally makes the economic world go round—and yet confusion and controversy about money abound.

In The Power of Money, economist Paul Sheard distills what money is, how it comes into existence, and how it interacts with the real economy.

Money issues dominate the news, but economic jargon and the complexity of it all can be bamboozling. Leading economist Paul Sheard is known for his ability to see the forest and the trees and demystify complex economic phenomena.

With The Power of Money, Sheard empowers readers to become better-informed economic citizens by providing context for some of the biggest questions surrounding money, such as:

  • How does money come into existence?

  • How is the process of money printing governed?

  • Does government debt ever have to be repaid?

  • Are financial crises bound to happen sometimes?

  • Can the euro, a currency without a government, survive in its current form?

  • Are proposed cures for economic inequality worse than the disease?

  • What is the future of money—are cryptocurrencies going to change everything?

    Financial enthusiasts and non-specialists alike will be surprised by the answers to these questions. The Power of Money provides a comprehensive foundation of knowledge to help you feel better informed and more confident as you follow and engage in economic and financial affairs and policy debates.

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    Information

    Publisher
    Matt Holt Books
    Year
    2023
    Topic
    Business
    eBook ISBN
    9781637743164
    Subtopic
    Finance
    Index
    Business

    Table of contents

    1. Cover
    2. Title Page
    3. Copyright
    4. Dedication
    5. Contents
    6. Introduction
    7. 1. Money Creation: A Powerful Partnership
    8. 2. The Power of Government Debt
    9. 3. The Power of Central Banks
    10. 4. The Power of Quantitative Easing
    11. 5. The Power of Money to Create Inequality—and Wealth
    12. 6. The Power of Money to Wreak Havoc
    13. 7. The Folly of the Euro
    14. 8. The Power of International Money
    15. 9. The Disruptive Power of Cryptocurrencies
    16. Concluding Thoughts
    17. Technical Handout
    18. Glossary of Terms
    19. Acknowledgments
    20. Notes
    21. Index
    22. About the Author

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