000			02489nam a22002057a 4500
001			47449
020			_a9781990956355 (pbk.):
082			_a332.49 BUC
100			_aBUCKHAM David _eauthor
245		4	_aThe end of money: _bthe great erosion of trust in banking, China's minsky moment and the fallacy of cryptocurrency/ _cby David Buckham, Robyn Wilkinson & Christiaan Straeuli
260			_aKenilworth: _bBurnet Media, _c©2021
300			_a426 pages; _c23 cm.
504			_aIncludes bibliographical references and index
520			_aWe live in a world in which financial markets have become completely decoupled from the real economy… The world’s four largest banks now all reside in one China… Lines of code are considered more trustworthy than central banks… In this broad-ranging, deeply researched review of modern banking and financial systems, analysts David Buckham, Robyn Wilkinson and Christiaan Straeuli unpick in parallel the ongoing erosion of trust in capitalist free markets and Western democratic institutions, and the directly related, unprecedented growth of the Chinese banking system. The former is a decades-long tale of intermittent market manipulation, inadequately regulated hubris and outright criminality, which produced the Global Financial Crisis, the most devastating financial meltdown since the Great Depression. The latter, which in various ways mirrors the conditions that led to the Crisis, may well prove worse. In detailing the unheeded lessons of financial history, the authors reveal how the inconsistently managed tension between free markets and government regulation has led us from depression and regulation to deregulation and crisis. And with incursions into string theory, the mathematics of cryptocurrency and the intricacies of money supply, we discover what happens when an authoritarian command economy fills the moral and ideological vacuum left behind. In a post-Covid world – in which we are witnessing booming stock markets entirely disconnected from real-world economic hardship, and communist billionaires propagating just as global inequality skyrockets – public trust in the international banking system has never been lower. The End of Money is an unprecedented survey of a fraught and complex landscape that has never been more urgent.
650			_aMONEY _xHISTORY _xEXHIBITIONS
650			_aMONEY _xHISTORY
700			_aWILKINSON Robyn _eauthor
700			_aSTRAEULI Christiaan _eauthor
942			_2ddc _cBOOK _n0
999			_c47449 _d47449