000 02515cam a22003138i 4500
001 23099234
005 20241202114651.0
008 230428s2023 cau b 001 0 eng
010 _a 2023020747
020 _a9780520395268
_q(cloth)
020 _z9780520395275
_q(ebook)
040 _aCU-S/DLC
_beng
_erda
_cDLC
_dMiTN
042 _apcc
050 0 0 _aHG221
_b.H76 2023
082 0 0 _a332.409/05
_223/eng/20230503
100 1 _aHolden, Richard T.,
_d1974-
245 1 0 _aMoney in the twenty-first century :
_bcheap, mobile, and digital /
_cRichard Holden.
263 _a2312
264 1 _a[Oakland, California]:
_bUniversity of California Press,
_c[2023]
300 _apages cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
504 _aIncludes bibliographical references and index.
505 0 _aThe year that changed everything -- The cashless society -- Mobile money and digital banking -- Crypto -- Govcoins -- The exorbitant privilege -- Cheap money, asset bubbles, and government finances -- Conclusion.
520 _a"Money is increasingly cheap, digital, and mobile. In Money in the Twenty-First Century, economist Richard Holden examines the virtues and risks of low interest rates, mobile money, and cryptocurrencies, and explains how these three elemental forces will continue to play out--in our wallets, on the blockchain, and throughout major economies--in the decades to come. Holden weaves in the stories of three people who have exerted massive influence over the future of modern money: US treasury secretary Janet Yellen, Ethereum cofounder Vitalik Buterin, and Raghuram Rajan, former governor of the Reserve Bank of India and chief economist at the International Monetary Fund. Moving from micro to macro, Holden investigates the infrastructure that permits digital transactions, the currencies that underpin them, the race for control of those currencies, shifts in policy and the international monetary system, and the impact on our politics of money in the digital age. Ultimately, Money in the Twenty-First Century asks if governments can keep these three tectonic powers of low interest rates, mobile money, and decentralized finance under control"--
_cProvided by publisher.
650 0 _aMoney
_y21st century.
776 0 8 _iOnline version:
_aHolden, Richard T., 1974-
_tMoney in the twenty-first century
_d[Oakland, California]: University of California Press, [2023]
_z9780520395275
_w(DLC) 2023020748
999 _c524632
_d524632