The Book of Money: Everything You Need to Know about How World Finances Work - Softcover

The Book of Money is much more inclusive than simply money--it is actually a primer on finance with particular attention to money. It differs from other texts on finance in its inviting appearance and attractive art work.... It could obviously serve as an introduction to finance, perhaps an introductory high school or college text, but it could also be helpful in updating those with basic knowledge of the subject to recent developments in the rapidly changing and increasingly newsworthy field of finance. Or, it could be consulted as a reference to better understand headline stories in the press.-- (09/01/2014)

What do you know about those Benjamins in your bankbook? Whatever your knowledge, learn more by reading The Book of Money... It would be difficult, in fact, to come up with some facet of economics that isn't included here. Authors Daniel Conaghan and Dan Smith even touch upon subjects that don't, initially, seem to have anything to do with money but they point out correlations in easy-to-grasp language, graphs, full-color pictures, and plenty of sidebars. This is one of those volumes that you'll want to keep in your office, for reference or for fun. Either way, if you've a passion for pesos (and more!), The Book of Money is a book you'll never get enough of.-- (10/13/2013)

A clear, concise, illustrated guide to the workings of the global economy.

Money is big news. Banks have collapsed, the property bubble has burst and national debts are at unimaginable levels. The Book of Money will help readers understand what is happening and how it affects them. It is a practical, understandable guide to all the nuances of the world of finance written for the lay reader.

Financial journalists Daniel Conaghan and Dan Smith present authoritative, insightful, insider knowledge in a clear manner. They provide up-to-date coverage of the most important economic issues that affect us all.

Topics include:

• History of economics
• Supply and demand
• Bank collapses, the property bubble and the global meltdown
• Stock markets, hedge funds
• Inflation, deflation, hyperinflation
• Pensions
• Coinage and paper money
• Economic forecasting
• Interest rates
• Economic class, the welfare state
• How countries cope with debt
• Electronic trading
• Microfinance
• Personal finance and tax systems
• Globalization
• The International Monetary Fund and World Bank
• How credit ratings work
• Can money buy happiness?

Explanations are presented in a uniquely visual style. Numerous color illustrations, graphs, charts, timelines and Jargon Buster boxes aid in comprehension. Profiles describe key figures, and panels focus on special topics such as the Global Meltdown and PayPal.

The Book of Money is an authoritative, straightforward guide to the complex world of global finance. It is an ideal introduction for the average reader new to the topic and a reliable, up-to-date review for those with some knowledge. It is an essential purchase for a large audience eager to understand our complex world.