Making Money : The History and Future of Society's Most Important Technology

La 4ème de couv. indique : "How much do you really know about money ? Everyone uses it, but few know how it really works. Most books about money focus on specific aspects ? This book breaks through the usual silos to present money as a broad social technology that serves the current needs of society. It reviews the latest developments in financial technology including cryptocurrency, blockchain, and the prospect of a cashless future ; and clears up many misconceptions in the process. Starting with a very brief history, the authors provide insights on how money is made ; why money has value and what can change its value ; how central banks, treasuries, foreign exchange, lending, and blockchain work ; why you may be trading against robots ; and privacy and security issues in an increasingly cashless society that will change our lives. While written for a broad audience, this book is also essential reading for students entering courses in the area of business finance, or money and banking." La 4ème de couv. indique : "How much do you really know about money ? Everyone uses it, but few know how it really works. Most books about money focus on specific aspects ? This book breaks through the usual silos to present money as a broad social technology that serves the current needs of society. It reviews the latest developments in financial technology including cryptocurrency, blockchain, and the prospect of a cashless future ; and clears up many misconceptions in the process. Starting with a very brief history, the authors provide insights on how money is made ; why money has value and what can change its value ; how central banks, treasuries, foreign exchange, lending, and blockchain work ; why you may be trading against robots ; and privacy and security issues in an increasingly cashless society that will change our lives. While written for a broad audience, this book is also essential reading for students entering courses in the area of business finance, or money and banking." How much do you really know about money? Everyone uses it, but few know how it really works. This book is meant to tell you everything most people, including business people, need to know about money so that they can make wise choices concerning the use of their money. It clears up many misconceptions and discusses the current financial technologies and cryptocurrencies revolution that already has or is going to affect everyone. Starting with a very brief history, the authors talk through how money is made; how central banks, treasuries and financial institutions, foreign exchange, lending, and blockchain work; the truth about investing against robots; why money has its value and what can change its value; and control and security issues in an increasingly cashless society that will change our lives. While written for a very broad audience, this book is also essential reading for students entering courses in the area of business finance or money and banking. "Everyone uses it, but few know how it really works. Most books about money focus on specific aspects. This book breaks through the usual silos to present money as a broad social technology that serves the current needs of society. It reviews the latest developments in financial technology including cryptocurrency, blockchain, and the prospect of a cashless future; and clears up many misconceptions in the process. Starting with a very brief history, the authors provide insights on how money is made; why money has value and what can change its value; how central banks, treasuries, foreign exchange, lending, and blockchain work; why you may be trading against robots; and privacy and security issues in an increasingly cashless society that will change our lives. While written for a broad audience, this book is also essential reading for students entering courses in the area of business finance, or money and banking."--Publisher's description Preface Acknowledgments Contents About the Authors Part I: Money and Society Chapter 1. A Great Human Invention: The Role of Money in Society Chapter 2. Why Some People Have So Much Money and Others Have So Little Part II: Central Banks and Global Finance Chapter 3. Fiat Currency and Credit: How Banks and Treasuries Create and Control Money Chapter 4. Global Finance: Markets, Movers, and Motives Part III: Money and Technology Chapter 5. Fintech: When Money Meets Technology Chapter 6. What’s New about Cryptocurrencies and What’s Not Part IV: Beyond Money Chapter 7. How Blockchains Could Change How Business Is Done Chapter 8. The Promises and Perils of a Cashless Realm Closing Thoughts Figure Notes Endnotes Index