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Money: 5,000 Years of Debt and Power
eBook
$14.99
By Michel Aglietta, Pepita Ould Ahmed (Contribution by), Jean-François Ponsot (Contribution by), David S. Broder (Translator)
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The major French economist offers a new theory of money
As the financial crisis reached its climax in September 2008, the most important figure on the planet was Federal Reserve chairman Ben Bernanke. The whole financial system was collapsing, with little to stop it. When a senator asked Bernanke what would happen if the central bank did not carry out its rescue package, he replied, “If we don’t do this, we may not have an economy on Monday.”
What saved finance, and the Western economy, was f...