000			01922cam a22002778i 4500
008			210302s2021 mau eob 001 0 eng
020			_a9780674258440
020			_a9780674270084 (ebk.)
040			_aMH/DLC _cDLC
050	0	0	_aHG1710.3 _b.P73 2021
082	0	0	_a332.4 _bPRA
100	1		_aPrasad, Eswar.
245	1	4	_aThe future of money : _bhow the digital revolution is transforming currencies and finance /
260			_aCambridge, Massachusetts : _bThe Belknap Press of Harvard University Press, _cc2021.
300			_a485 p. ;
500			_aIncludes index.
504			_aIncludes bibliographical references p. 453-466.
520			_aThe author 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.
590			_ane 23/08/2022
591			_aLoans
650		0	_aDigital currency.
650		0	_aBanks and banking, Central.
650		0	_aInternational finance.
942			_2ddc _cEBOOK
949			_a332.4 PRA
999			_c18145 _d18145