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A history of money, an examination of what’s gone wrong and the ideas which would put people back in charge. Bankers and speculators build castles in the air but when they come crashing down ordinary people have to pick up the tab. How we’ve made such a mess of our money system is explained, from the earliest banks right through to collateralized debt obligations. The author suggests the framework for a fairer financial world: the practical ideas, required regulations, and real-life examples.
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A history of money, an examination of what’s gone wrong and the ideas which would put people back in charge. Bankers and speculators build castles in the air but when they come crashing down ordinary people have to pick up the tab. How we’ve made such a mess of our money system is explained, from the earliest banks right through to collateralized debt obligations. The author suggests the framework for a fairer financial world: the practical ideas, required regulations, and real-life examples.