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The Future of Money - How the Digital Revolution Is Transforming Currencies and Finance

by Eswar S. Prasad
$11.90
The Future of Money - How the Digital Revolution Is Transforming Currencies and Finance
The Future of Money - How the Digital Revolution Is Transforming Currencies and Finance

Transformative insights into digital currency's future.

If you're someone who's fascinated by the rapid changes in our financial systems, "The Future of Money" by Eswar Prasad might just be the engaging read you need. It doesn't just tackle cryptocurrencies; it delves into the broader spectrum of digital transformation in finance. Imagine understanding the next steps for our economies, how to potentially benefit from them, and the risks they carry. Prasad's clear vision makes this complex subject accessible, possibly altering your perspective on money and its role in our future society.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

The Future of Money - How the Digital Revolution Is Transforming Currencies and Finance

by Eswar S. Prasad
$11.90
ISBN: 9780674258440
Authors: Eswar S. Prasad
Publisher: Belknap Press: An Imprint of Harvard University Press
Date of Publication: 2021-09-21
Format: Hardcover
Related Collections: Science, Politics, Business, Economics
Related Topics: Money, Political Science, Finance, Technology
Goodreads rating: 3.83
(rated by 644 readers)

Description

A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse. We think we’ve seen financial innovation. We bank from laptops and buy coffee with the wave of a phone. But these are minor miracles compared with the dizzying experiments now underway around the globe, as businesses and governments alike embrace the possibilities of new financial technologies. As Eswar S. Prasad explains, the world of finance is at the threshold of major disruption that will affect corporations, bankers, states, and indeed all of us. The transformation of money will fundamentally rewrite how ordinary people live. Above all, Prasad foresees the end of physical cash. The driving force won’t be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve unpredictably as global corporations like Facebook and Amazon join the game. The changes will be accompanied by snowballing innovations that are reshaping finance and have already begun to revolutionize how we invest, trade, insure, and manage risk. Prasad shows how these and other changes will redefine the very concept of money, unbundling its traditional functions as a unit of account, medium of exchange, and store of value. The promise lies in greater efficiency and flexibility, increased sensitivity to the needs of
Condition guide

Book Condition Guide

Books in Like New Condition

This book may contain very minor cosmetic defects, but it is in pristine condition. There should be no yellowing, no foxing, no water damage, and no annotations of any kind on the cover and the pages. For paperbacks, there should not be any crease marks on the spine. This book is good as new — lucky you!

*Books may be missing bundle media (e.g. CD, e-book code), if included.

Books in Very Good Condition

This book has been used, but it is still in a clean condition. There should be no foxing or annotations of any kind on the inner pages, but a sparse amount may be present on the cover, title pages, or outside edges of the book. There should be no water damage of any kind. For paperbacks, there may be light crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

Books in Good Condition

We do our best to ensure the quality of our books, but there is no escaping the wear and tear that comes with time. Slight foxing and some annotations may be present on the pages and the cover. There should be no water damage of any kind. For paperbacks, there may be several crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

Books in Well Read Condition

This is a well-read book, which means that the previous owner probably really enjoyed it! The cover and pages may include moderate foxing and annotations, but the text is not obscured and still readable. Moderate cosmetic defects and minor water damage may be present on the edges of the book. For paperbacks, there may be multiple crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

 

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Similar Reads

Transformative insights into digital currency's future.

If you're someone who's fascinated by the rapid changes in our financial systems, "The Future of Money" by Eswar Prasad might just be the engaging read you need. It doesn't just tackle cryptocurrencies; it delves into the broader spectrum of digital transformation in finance. Imagine understanding the next steps for our economies, how to potentially benefit from them, and the risks they carry. Prasad's clear vision makes this complex subject accessible, possibly altering your perspective on money and its role in our future society.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.