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MONEY IN THE 21ST CENTURY - economical, MOBILE, DIGITAL - RICHARD HOLDEN
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MONEY IN THE 21ST CENTURY - inexpensive, MOBILE, DIGITAL - RICHARD HOLDEN
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Richard Holden examines three present-day forces that have redefined what "money" means: who controls="controls" it, and what the future of finance might look fancy.
Money is increasingly economical, 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 just-arrived-age 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.