Endorsements

In The Future of Money, Eswar Prasad has produced a single-volume masterpiece with all one needs to know about an amazing upcoming turning point in monetary policy. He shows that Central Bank Digital Currency may appear to be a digital store of value, unit of account, and medium of exchange, but if we follow his sensible advice and heed his warnings of over-regulation and fear, it will be much more―a genuine help to the poor and a gateway to global stability without the damaging monetary calamities that have created havoc throughout history. Encyclopedic and carefully researched, the book is packed with many valuable, easy-to-understand examples.

Drawing on his extensive policymaking experience and insights as one of the leading macroeconomists, Eswar Prasad in The Future of Money provides a comprehensive account of the economic, social, and technological issues that will determine how we save, invest, buy, and sell in the future.

Money shapes economies, economies shape nations, nations shape history. It follows that the future of money is profoundly important. Here is a definitive report on where we are and where we are going.

In The Future of Money, Eswar Prasad explains how technology will impact everything financial, from what money will look like to peer-to-peer lending, central banking, and cross-border capital flows. In lucid prose, Prasad explains to the intelligent layperson how exactly Bitcoin works and whether a digital renminbi could challenge the US dollar. If you are looking for an insightful and comprehensive guide to how monetary finance might change, look no further.