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Money for Beginners. An Illustrated Guide. Edition No. 1

  • Book

  • 144 Pages
  • March 2023
  • John Wiley and Sons Ltd
  • ID: 5840997

Money is mysterious. We love it, we hate it, but few people can tell you what the heck it really is. Wouldn't it be good to get out of the fog?

This book will help you understand both the way money works and how to leverage its power. The authors take you on an illuminating journey from your piggy bank to the Federal Reserve with no pesky jargon or complex math.

Once you see money clearly, life will never be the same. You'll know what really goes on in banks and what the cash in your wallet represents. You'll know how government really spends and why it can’t run out of money.

You'll know what money can actually do - and how we can make it work for us.

Table of Contents

Introduction

Chapter 1. Money: An Introduction

Chapter 2. Money: An Origins Story

Chapter 3. Money: The Story of Redemption

Chapter 4. Currency: The Government’s Money

Chapter 5. Can Government Run Out of Currency?

Chapter 6. Anyone Can Create Money?

Chapter 7. Private Bank Money

Chapter 8. The Central Bank’s Money: Lender of Last Resort

Chapter 9. Central Bank Money: Government Finance

Chapter 10. Government’s Debt is Our Asset

Chapter 11. Money as Scorekeeping

Chapter 12. Rise of the Winners-Take-All Economy

Chapter 13. The Way Forward: We Take Care of our Own

Authors

L. Randall Wray Bard College.