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Paper Promises: Money, Debt and the New World Order (Paperback)
  • Paper Promises: Money, Debt and the New World Order (Paperback)

Paper Promises: Money, Debt and the New World Order (Paperback)

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Paperback 320 Pages / Published: 06/09/2012
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Winner of the Spears Business Book of the Year AwardLonglisted for the Financial Times Goldman Sachs Business Book of the Year AwardIn today's financial climate, we are all, naturally, obsessed by debt. In almost every aspect of our life we experience it - on our credit cards, mortgages, bank loans and student loans. But where has this debt come from? How does it work? What is any money really worth? And what promises do we need to believe to keep the whole system afloat?In this fascinating look at money through the ages - including our own unstable future - award-winning financial journalist Philip Coggan examines the flawed structure of the global finance systems as they exist today, and asks, with deeper imbalances that the world is currently facing, what's actually at stake.

Publisher: Penguin Books Ltd
ISBN: 9780718192143
Number of pages: 320
Weight: 236 g
Dimensions: 198 x 129 x 18 mm

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“The genesis money to the credit crunch”

This explains simply and clearly the genesis of money. How it was born and used and brings us through time to how money is created and used now. In doing so the nature of what money was and now has become helps to... More

Paperback edition
6th June 2013
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