The No-Nonsense Guide to Global Finance
By Stalker Peter
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9.50 E |
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OVERVIEW An incisive introduction to global finance, where money comes from, the
current mechanisms and the need for control and reform. The book
explains the basic concepts of finance, how money is created, and how
decisions by banking and other financial service corporations are
determining the fate of billions of people.
Right from the introduction
the guide sets recent events into context, indicating how the flows of
money directed by an unaccountable elite increasingly shape economic,
political and social activity.
It traces the origins of money, as a
source of exchange and a store of value, and the many weird and
wonderful forms it now takes, visible and invisible.
How banks,
investment and retail, make money and profits, and hold countries to
ransom when they make losses. How companies finance their operations
through stocks, shares and bonds and complex derivatives that are
becoming increasingly remote from real-world activities.
It also
includes chapters on global currency exchange, alternative systems of
banking, including microfinance, government regulation or lack of it,
international institutions such as the World Bank and the IMF, and
crucially a final chapter on ways of bringing global finance under
control.
Printed book available at:
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