The Future of Money: How the Digital Revolution Is Transforming Currencies and F

Description: The Future of Money by Eswar S. Prasad Estimated delivery 3-12 business days Format Paperback Condition Brand New Description New technologies are shaking the foundations of traditional finance. Leading economist Eswar Prasad foresees the end of cash, as central banks develop their own digital currencies to compete with Bitcoin and Metas Diem. Money and finance are on the verge of dramatic transformations that will reshape their roles in the lives of ordinary people. Publisher Description An Economist Book of the YearA Financial Times Book of the YearA Foreign Affairs Book of the YearA ProMarket Book of the YearOne of The Weeks Ten Best Business Books of the Year"A road map for money managers, market strategists, and others seeking to understand this new world."-Barrons"Money shapes economies, economies shape nations, nations shape history. It follows that the future of money is profoundly important. Here is a definitive report on where we are and where we are going."-Lawrence H. Summers, former Secretary of the Treasury"Prasad manages to make the financial system intelligible and interesting without resorting to shortcuts and exaggeration Previous overhauls mainly improved existing systems, he notes. The end of cash-likely within a decade or two-is revolutionary."-The EconomistThe world of finance is on the cusp of a major disruption that will affect corporations, bankers, states-indeed, all of us. As Eswar Prasad makes clear, the end of physical cash will fundamentally rewrite how we live. Bitcoin, Ethereum, and other cryptocurrencies are just the beginning: spurred by their emergence, central banks will increasingly develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve dramatically as global corporations like Facebook, Apple, and Amazon join the game.Prasad shows how these innovations will redefine the very concept of money, unbundling its traditional functions. This transformation promises greater efficiency and flexibility, but also carries the risk of instability, lack of accountability, and erosion of privacy. A lucid, visionary work, The Future of Money shows how to maximize the best and guard against the worst of what is to come. Author Biography Eswar S. Prasad is the Tolani Senior Professor of Trade Policy and Professor of Economics at Cornell University. He is also a Senior Fellow at the Brookings Institution, where he holds the New Century Chair in International Economics, and a research associate at the National Bureau of Economic Research. He is the author of Gaining Currency: The Rise of the Renminbi and The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance. Details ISBN 0674293894 ISBN-13 9780674293892 Title The Future of Money Author Eswar S. Prasad Format Paperback Year 2023 Pages 496 Publisher Harvard University Press GE_Item_ID:144657296; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

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