NoNonsense The Money Crisis : How Bankers Have Grabbed Our Money - and How We Can Get It Back

Bankers and speculators build castles in the air but when they come crashing down ordinary people have to pick up the tab. How we've made such a mess of our money system is explained, from the earliest banks right through to 'collateralized debt obligations'. Suggests the framework for a fairer financial world: the practical ideas, steps and real-life examples. Part of four-title relaunch of the NoNonsense series with new cover designs, layout and logo. Completely revised and updated. A vital new title designed to do two things. Firstly, to create a better understanding of money and the mechanisms that surround it (history of money, interest and regulation, consumer and investment banking, derivatives etc). Secondly, to encourage ordinary people to take a more active interest in financial affairs (whether personal, corporate or government-backed) and to join together to call for radical reforms required to prevent further crisis.