In this thought-provoking book, Jonathan McMillan dissects banking to reveal its inner workings. He cuts through the complexity of modern finance and explains how banking almost crashed our financial system. Banking is broken, and McMillan reveals why we can no longer fix it. The digital revolution turns out to be the game changer that calls for the end of banking. But McMillan refrains from merely pointing out flaws. Building on economic research...

"Half fable, half manifesto, this brilliant new take on the ancient concept of cash lays bare its unparalleled capacity to empower, enchant, and control us. Frederick Kaufman tackles the complex history of money, beginning with the earliest myths and wrapping up with Wall Street's byzantine present-day doings. Along the way, he exposes a set of allegorical plots, stock characters, and stereotypical metaphors that have long been linked with money and...

"The best-selling author of Naked Statistics and Naked Economics explores the colorful world of money and banking to answer such questions as how money creation is used to counter financial crises, why the shared European currency has caused so much trouble and how Bitcoin will impact the future,"--NoveList.