000 01514cam a22002298i 4500
008 210302s2021 mau b 001 0 eng
020 _a9780674272224 (HB)
041 _aeng
080 _a346.7
_bPRA
100 1 _aPrasad, Eswar S
245 1 4 _aThe future of money
_bHow the digital revolution is transforming currencies and finance
260 _aCambridge
_bBelknap Press of HUP
_c2021
300 _a485 p.
504 _aIncludes bibliographical references and index.
505 0 _aPart I. Setting the stage: Racing to the future -- Money and finance: the basics -- Part II. InnovatIons: Will Fintech save the world? Or at least make it better? -- Bitcoin sets off a revolution, then falters -- Crypto mania -- Part III. Central bank money: The case for central bank digital currencies -- Getting CBDCs off the ground -- Part IV. Implications, challenges: Consequences for the international monetary system -- Central banks run the gauntlet -- A glorious future beckons, perhaps.
520 _a"New technologies are shaking the foundations of traditional finance. Leading economist Eswar S. Prasad foresees the end of cash, as central banks develop their own digital currencies to compete with Bitcoin and Facebook's Diem. Money and finance are on the verge of dramatic transformations that will reshape their roles in the lives of ordinary people"--
650 0 _aDigital currency.
650 0 _aBanks and banking, Central.
650 0 _aInternational finance.
690 _aGeneral
942 _cBK
999 _c58759
_d58759