The bestselling author on how money and finance enslaved the world.
The human race created money and finance. But our inventions re-create us. Mankind mistook money - a lubricant of society and human well-being - for an end in itself. Finance, the monetary shadow of real things, came to dominate human reality. Extreme Money tells the story of how this happened - and, in so doing, it tells the story of the modern world.
Bestselling author Satyajit Das draws on over thirty 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 wealth - while endangering the jobs, possessions, and futures of virtually everyone outside the financial industry.
Epic in its scope, Extreme Money reveals how we have all become slaves to our own illusory, unsustainable creation: global finance.
About the Author
Satyajit Das is an internationally respected expert in finance with over thirty years' experience. Das is the author of many highly regarded standard reference books on derivatives and risk management. In 2006, he published the international bestseller Traders, Guns and Money, an account of the world of derivatives trading. In Traders, Guns and Money and a series of speeches delivered at the time, 'The Coming Credit Crash', he provided a highly prescient insight into the structure and risk of the world financial system exposing the problems that subsequently became apparent.
'A true insider's devastating analysis of the financial alchemy of the last thiry years and its destructive consequences.' Nouriel Roubini, Professor of Economics and NYU Stern School of Business and Chairman of Roubini Global Economics
'The best book yet to come out of the financial crisis.' Charles Morris, author of The Two Trillion Dollar Meltdown
'A rich analysis told with colour and verve.' Philip Augar, author of Reckless: The Rise and Fall of the City
Number Of Pages: 544
Published: 29th January 2014
Publisher: Penguin Books Australia
Country of Publication: AU
Dimensions (cm): 19.9 x 13.0 x 3.4
Weight (kg): 0.4