Money, Going Out Of Style

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What is money? Why in recent years have trillions of dollars, euros, and yen been printed, but not spent. This is a key mystery of the 21st century: is money finally going out of style?! In Money, Going out of Style you will learn in a fun and clear way: How an economy works, demonstrated by a charming story of an island tribe The role of money in an economy and why money is secondary to the "real" economy of goods and services How the Fed, other central banks, and commercial banks can create money at will The relationship between money printing and economic growth and inflation The dramatic change in the behavior of money in the 21st century and why it should worry us What is a cryptocurrency How economics can help to save the planet. Money, as we know it, was born in 1971 when currencies unlinked from gold. During its adolescence, money was hyperactive, causing rampant inflation. Three decades of mature growth followed. But as it reaches the age of fifty, money is changing again, an

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