The Future of Money
How the Digital Revolution Is Transforming Currencies and Finance
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The Future of Money
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Narrated by:
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Stephen R. Thorne
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By:
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Eswar S. Prasad
About this listen
Eswar Prasad explains the world of finance is at the threshold of major disruption that will affect corporations, bankers, states, and indeed all of us. The transformation of money will fundamentally rewrite how ordinary people live.
Above all, Prasad foresees the end of physical cash. The driving force won't be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve unpredictably as global corporations like Facebook and Amazon join the game. The changes will be accompanied by snowballing innovations that are reshaping finance and have already begun to revolutionize how we invest, trade, insure, and manage risk.
Prasad shows how these and other changes will redefine the very concept of money, unbundling its traditional functions as a unit of account, medium of exchange, and store of value. The promise lies in greater efficiency and flexibility, increased sensitivity to the needs of diverse consumers, and improved market access for the unbanked. The risk is instability, lack of accountability, and erosion of privacy. A lucid, visionary work, The Future of Money shows how to maximize the best and guard against the worst of what is to come.
©2021 The President and Fellows of Harvard College (P)2021 TantorListeners also enjoyed...
What listeners say about The Future of Money
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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Overall5 out of 5 stars
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Performance3 out of 5 stars
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Story5 out of 5 stars
- Solange D.
- 03-02-22
Brilliant content
Brilliant content and a great reference book. Audio voice narrating is not the most compelling
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Overall3 out of 5 stars
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Performance2 out of 5 stars
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Story5 out of 5 stars
- Gino Cenedese
- 30-10-21
Great content, terribile narrator
Really good content, but the narrator is terrible and sounds like a robot. You can't really listen to almost 20 hours of book with a narration like that.
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Overall3 out of 5 stars
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Performance4 out of 5 stars
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Story4 out of 5 stars
- Richard Georgiou
- 16-06-22
I'm pretty boring but this, this is something else
I made a big mistake by listening to this book after a particularly exciting set of books about Genghis Khan. The step down in excitement/interest was too much for my little brain which, after one final belch, switched off and went to sleep. If I were to recommend the reading material that would take the reader from an exciting book to this book it would be something like the following.
Genghis: Lords of the Bow >> War and Peace (Unabridged Edition) >> The Road >> The Yellow Pages >> The Telephone Directory (Tunbridge Wells edition) >> Staring at the narrow ruled lines of a blank exercise book >> The Future of Money.
Best of luck
Richard Georgiou
P.S. I've given this four stars because I'm bright enough to understand that I'm just not bright enough to understand.
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1 person found this helpful