Naked Money: A Revealing Look at What It Is and Why It Matters - Charles Wheelan Audiobook
Language: EnglishKeywords: 
Banking
 Business
 Deflation
 Dollar
 Economics
 Economy
 Fiat
 Gold
 Inflation
 Money
 Silver
 Yuan
Shared by:jewwangle
Written by
Read by Jonathan Davis
Format: MP3
Bitrate: 64 Kbps
Unabridged
Consider the $20 bill. It has no more value, as a simple slip of paper, than Monopoly money. Yet even children recognize that tearing one into small pieces is an act of inconceivable stupidity. What makes a $20 bill actually worth $20?
In the third volume of his best-selling Naked series, Charles Wheelan uses this seemingly simple question to open the door to the surprisingly colorful world of money and banking. The search for an answer triggers countless other questions along the way: Why does paper money (fiat currency, if you want to be fancy) even exist? And why do some nations, like Zimbabwe in the 1990s, print so much of it that it becomes more valuable as toilet paper than as currency? How do central banks use the power of money creation to stop financial crises? Why does most of Europe share a common currency, and why has that arrangement caused so much trouble? And will payment apps, bitcoin, or other new technologies render all of this moot?
In Naked Money, Wheelan tackles all of the above and more, showing us how our banking and monetary systems should work in ideal situations and revealing the havoc and suffering caused in real situations by inflation, deflation, illiquidity, and other monetary effects. Throughout, Wheelan’s uniquely bright-eyed, whimsical style brings levity and clarity to a subject often devoid of both. With illuminating stories from Argentina, Zimbabwe, North Korea, America, China, and elsewhere around the globe, Wheelan demystifies the curious world behind the paper in our wallets and the digits in our bank accounts.
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| Creation Date: | Sun, 06 May 2018 15:43:06 -0400 |
| This is a Multifile Torrent | |
| 01 - Naked Money A Revealing Look at What It Is and Why It Matters (Unabridged).mp3 8.79 MBs | |
| 02 - Naked Money A Revealing Look at What It Is and Why It Matters (Unabridged).mp3 18.65 MBs | |
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| Naked Money A Revealing Look at What It Is and Why It Matters (Unabridged).cue 927 Bytes | |
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| Combined File Size: | 362.71 MBs |
| Piece Size: | 512 KBs |
| Comment: | Updated by History Audiobook |
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This post has 5 comments with rating of 5/5
May 7th, 2018
The real question is why governments regularly pay privately-owned central banks billions of dollars in interest to issue worthless paper money that they could print themselves for next-to-nothing.
Anyone looking for an answer to that question would be better off watching:
The Money Masters (1996)
on YouTube.
May 7th, 2018
Another great upload! Thanks jewwangle!
December 29th, 2022
Superb Upload. PLEASE SEED !!
January 23rd, 2023
Its not alive pls seed..
March 26th, 2024
Thank you for this!
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