Dollars and Sense

Decoding the Value of Modern Money

Elio Endless

$58.95 $50.48

Paperback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Elio Endless
04 November 2023

Monetary economics; Management accounting & bookkeeping; Personal finance

Summary
Details

"Throughout the annals of human history, the barter system persisted as the fundamental pillar of commerce, a complex and intricate network facilitating the direct exchange of products and services. However, a complex obstacle lurked within this intricate network: the ""double coincidence of wants,"" which required both parties to desire the products or services of the other, resulting in trade inefficiencies and obstructions. As a response, resourceful individuals devised a remedy: money.

By providing a standardized unit of value, money, the universal medium of exchange, emancipated individuals from the constraints of barter. Its inception brought about a paradigm shift in economic transactions, introducing an age of efficient transactions and consistency. By functioning as a centralized medium of exchange, money emerged as a critical component of contemporary economies, facilitating the quantification, comparison, and accumulation of wealth.

Diverse currencies surfaced amidst the global economic environment, serving as emblematic representations of nationalism and culture. However, the emergence of cryptocurrencies, which were built upon revolutionary blockchain technology, posed a challenge to the prevailing norms. Decentralized and secure digital assets presented unparalleled prospects for international trade and financial transactions, thereby causing significant disruption to conventional monetary systems.

As the future transpires, cryptocurrencies emerge as a potential disruptor of the financial landscape. In light of the coexistence of traditional fiat currencies and their digital counterparts, it is crucial to possess a thorough comprehension of these dynamic financial instruments. The global community is confronted with a multitude of challenges and opportunities as it navigates the complex trajectories of the continuously evolving financial future."

By: Elio Endless
Imprint: Elio Endless
Edition: 2nd ed.
Dimensions: Height: 229mm, Width: 152mm, Spine: 6mm
Weight: 163g
ISBN: 9798868973079
Pages: 116
Publication Date: 04 November 2023
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active