Naked Money: A Revealing Look at What It Is and Why It Matters

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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 twenty dollars? 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.

Author(s): Charles Wheelan
Publisher: W. W. Norton Co
Year: 2016

Language: English
Pages: 368
Tags: Economics, Monetary Policy