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Extreme Money

 
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3rdRock
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PostPosted: Fri May 22, 2015 10:09 am    Post subject: Extreme Money Reply with quote

Extreme Money: The Masters of the Universe and the Cult of Risk by Satyajit Das

Quote:
The human race created money and finance. But our inventions re-create us. Mankind mistook moneya lubricant of society and human well-beingfor an end in itself. Finance, the monetary shadow of real things, came to dominate human reality. Extreme Money tells the story of how this happenedand, in so doing, it tells the story of the modern world.

Bestselling author Satyajit Das draws on 33 years of personal experience at the heart of modern global finance to narrate this story. Das reveals the spectacular, dangerous money games that have generated increasingly massive bubbles of fake growth, Ponzi prosperity, sophistication, and wealthwhile endangering the jobs, possessions, and futures of virtually everyone outside the financial industry. Das shows how extreme money has become ever more unreal; how voodoo banking continues to generate massive phony profits even now; and how a new generation of Masters of the Universe has come to dominate the world.

PDF copy of first chapter available here: http://ptgmedia.pearsoncmg.com/images/9780132790079/samplepages/0132790076.pdf


Last edited by 3rdRock on Sat May 23, 2015 7:34 pm; edited 1 time in total
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emordnilap



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PostPosted: Fri May 22, 2015 10:28 am    Post subject: Reply with quote

Yes. People say that 'money is the root of all evil' but what they should say is 'the love of money is the root of all evil'.
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