{"product_id":"9780674293892-future-of-money","title":"The Future of Money","description":"\u003cmeta content=\"text\/html; charset=utf-8\" http-equiv=\"Content-Type\"\u003e\u003cp\u003e\u003cspan\u003eHow the Digital Revolution Is Transforming Currencies and Finance\u003cbr\u003eNew technologies are shaking the foundations of traditional finance. Leading economist Eswar Prasad foresees the end of cash, as central banks develop their own digital currencies to compete with Bitcoin and Meta’s Diem. Money and finance are on the verge of dramatic transformations that will reshape their roles in the lives of ordinary people.\u003cbr\u003e\u003cp\u003e\u003cb\u003eA Best Book of the Year — \u003ci\u003eEconomist\u003c\/i\u003e, \u003ci\u003eFinancial Times\u003c\/i\u003e, \u003ci\u003eForeign Affairs\u003c\/i\u003e, \u003ci\u003eProMarket\u003c\/i\u003e, \u003ci\u003eThe Week\u003c\/i\u003e\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003e“A vital handbook for anyone looking to understand how finance is changing.” —\u003ci\u003eFinancial Times\u003c\/i\u003e\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003e“A road map for money managers, market strategists, and others seeking to understand this new world.”—\u003ci\u003eBarron’s\u003c\/i\u003e\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eThe world of finance is on the cusp of a major disruption that will affect corporations, bankers, states—indeed, all of us. As Eswar Prasad makes clear, the end of physical cash will fundamentally rewrite how we live. Bitcoin, Ethereum, and other cryptocurrencies are just the beginning: spurred by their emergence, central banks will increasingly develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve dramatically as global corporations like Meta, Apple, and Amazon join the game.\u003cbr\u003e\u003cbr\u003ePrasad shows how these innovations will redefine the very concept of money, unbundling its traditional functions. This transformation promises greater efficiency and flexibility, but also carries the risk of instability, lack of accountability, and erosion of privacy. A lucid, visionary work, \u003ci\u003eThe Future of Money\u003c\/i\u003e shows how to maximize the best and guard against the worst of what is to come.\u003c\/p\u003e\n\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Rarewaves","offers":[{"title":"Default Title","offer_id":41142563078241,"sku":"9780674293892","price":18.4,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0092\/7504\/8033\/files\/stand_41141586.jpg?v=1778100861","url":"https:\/\/www.rarewaves.com\/products\/9780674293892-future-of-money","provider":"Rarewaves.com","version":"1.0","type":"link"}