We use money every day. Yet the practice of exchanging paper or
bytes for goods and services seems absurd if you think about it.
Naked Money explores why money exists and why it so often gets
entire nations in trouble. Charles Wheelan explains with his
trademark wit and refreshing clarity how our banks and monetary
systems should work in ideal situations, and he reveals the havoc
and suffering caused in real situations by inflation, deflation,
illiquidity and other monetary effects. With illuminating stories
from Argentina, Zimbabwe, North Korea, America, China and elsewhere
around the world, Naked Money demystifies the curious world behind
the paper in our wallets and the digits in our bank accounts.
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