The Future of Money
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Krátky popis
An Economist Book of the YearA Financial Times Book of the YearA
Foreign Affairs Book of the YearA ProMarket Book of the YearOne of
The Week’s Ten Best Business Books of the Year“A road map for money
managers, market strategists, and others seeking to understand this
new world.”?Barron’s“Money shapes economies, economies shape
nations, nations shape history. It follows that the future of money
is profoundly important. Here is a definitive report on where we
are and where we are going.”?Lawrence H. Summers, former Secretary
of the Treasury“Prasad manages to make the financial system
intelligible and interesting without resorting to shortcuts and
exaggeration…Previous overhauls mainly improved existing systems,
he notes. The end of cash?likely within a decade or two?is
revolutionary.”?The EconomistThe world of finance is on the cusp of
a major disruption that will affect corporations, bankers,
states?indeed, all of us. As Eswar Prasad makes clear, the end of
physical cash will fundamentally rewrite how we live. Bitcoin,
Ethereum, and other cryptocurrencies are just the beginning:
spurred by their emergence, central banks will increasingly develop
their own, more stable digital currencies. Meanwhile,
cryptocurrencies themselves will evolve dramatically as global
corporations like Meta, Apple, and Amazon join the game.Prasad
shows how these innovations will redefine the very concept of
money, unbundling its traditional functions. This transformation
promises greater efficiency and flexibility, but also carries the
risk of instability, lack of accountability, and erosion of
privacy. A lucid, visionary work, The Future of Money shows how to
maximize the best and guard against the worst of what is to come.
Výber kníh autorov
Harvard University Press ,
Eswar S. Prasad
Zobraziť všetky knihy autora
Harvard University Press,
Eswar S. Prasad
Výber kníh vydavateľa
Slovart
Zobraziť všetky knihy vydavateľa
Slovart
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