Book notes: Democratizing Money?, by Beat Weber
This is a timely book about ‘how money really works’
Beat Weber, Democratizing Money?, Cambridge University Press, 2018, 276 pages
This is a timely book about ‘how money really works’. Recent developments in crypto assets and fintech have raised fundamental questions about monetary design. Central bankers are well-versed in monetary theory but have been less interested in the theory of money; this is unfortunate. The mainstream economic view that money is a merely a veil and banks are
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