We use money every day, but what exactly is it? You're not alone if you can't answer that question: nor can many politicians, bankers and even economists. The topic isn't taught in schools, and most economics courses hardly mention it. Fortunately, several leading researchers have recently made great progress on the subject, but their writings can be dense and difficult to follow. This book sets out what we now know about money in clear, straightforward, enjoyable terms. It explains how money comes into and out of existence, the key role of central banks, how government budgets work (or not!) and how they could work better. It also covers foreign exchange, cryptocurrencies, tax, and key movements in history that have made money what it is today. It's especially written for economics students, but in language most people can understand and enjoy. Bankers, politicians, investors and economists should also find it engaging.
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