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Easy Money

The Evolution of Money from Robinson Crusoe to the First World War
Narrated by: Kaushik Ramachandran
Series: Easy Money Trilogy, Book 1
Length: 10 hrs and 16 mins
Categories: Non-fiction, Economics
4 out of 5 stars (2 ratings)

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Summary

“A man hears what he wants to hear and disregards the rest,” wrote singer and songwriter Paul Simon some decades back. Books on the current financial crisis which started in late 2008 are a tad like that. Until now they have tended to deal with certain aspects of the crisis without looking at the bigger picture of what really went wrong. That bigger picture of the ongoing financial crisis has now started to evolve. Easy Money captures this big picture.    

The history of money and the financial system as it has evolved over the centuries stand at the heart of this endeavor. It explores the idea that the evolution of money over centuries has led to an easy money policy being followed by governments and central banks across the world, which in turn has fueled humongous Ponzi schemes, which have now started to unravel, bringing the whole world on the brink of a financial disaster. The book also explains how the lessons of the financial crisis have still not been learned, and in trying to deal with it, governments across the world are making the same mistakes which led to the current crisis in the first place.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2018 Vivek Kaul (P)2018 Audible, Inc.

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