Money In Crisis
Money In Crisis
From its origins in ancient Mesopotamia, through the advent of coinage in ancient Greece and Rome and the invention of paper currency in medieval China, the progress of finance and money has been driven by technological developments. The great technological change of our age in relation to money centres on the creation of digital money and digital payment systems. Money in Crisis explains what the digital revolution in money is, why it matters and how its potential benefits can be realized or undermined. It explores the history, theory and evolving technologies underlying money and warns us that money is in crisis: under threat from inflation, financial instability, and digital wizardry. It discusses how modern forms of digital money (crypto, central bank digital currencies) fit into monetary history and explains the benefits and risks of recent innovations from an economic, political, social and cultural viewpoint.
- Describes how recent innovations in digital money work and what are the benefits and risks involved
- Help the reader form a view on many issues surrounding modern forms of digital money that are frequently discussed in the press and other media
- Explains what is new in these forms of money, what is not, and what are the functions of money that need to be preserved
Product details
June 2025Adobe eBook Reader
9781009390118
0 pages
This ISBN is for an eBook version which is distributed on our behalf by a third party.
Table of Contents
- 1. Hopes and reality of digital money
- 2. Money and technology in ancient times
- 3. Money and technology in the modern age
- 4. What money is and does for us
- 5 The paradox of cash
- 6. Banks as creators and stores of money
- 7. Cards and apps from above and below
- 8. Promises and failures of crypto
- 9. Stablecoins or troublecoins?
- 10. Central bank digital currencies
- 11. Money and freedom
- 12. Money in the global power game
- 13. The return of instability
- 14. Money in crisis and the possible future.
