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The Future of Money - How the Digital Revolution Is Transforming Currencies and Finance
Loot Price: R543
Discovery Miles 5 430
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The Future of Money - How the Digital Revolution Is Transforming Currencies and Finance
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Loot Price R543
Discovery Miles 5 430
Expected to ship within 12 - 17 working days
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An Economist Book of the Year A Financial Times Book of the Year A
Foreign Affairs Book of the Year A ProMarket Book of the Year One
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 Economist The 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.
General
Imprint: |
Harvard University Press
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Country of origin: |
United States |
Release date: |
August 2023 |
Authors: |
Eswar S. Prasad
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Dimensions: |
235 x 156mm (L x W) |
Pages: |
496 |
ISBN-13: |
978-0-674-29389-2 |
Categories: |
Books
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LSN: |
0-674-29389-4 |
Barcode: |
9780674293892 |
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