Philip Coggan - Paper Promises: Money, Debt and The New World Order

Paper Promises: Money, Debt and the New World Order - A Journey Through the Labyrinth of Finance

In an era where debt seems to permeate every aspect of our lives, from credit card bills to student loans, **Philip Coggan** dives deep into the heart of our financial systems in **Paper Promises: Money, Debt and the New World Order**. This compelling work delves into the history of money, tracing its evolution from the gold standard to the complex, often opaque, world of modern finance.

Coggan, a renowned financial journalist and author, masterfully unravels the intricacies of our financial landscape. He exposes the inherent flaws in the global financial system, highlighting the precarious balance upon which it rests. He meticulously examines the role of debt in driving our economies, scrutinizing its power to both propel growth and create instability.

With an insightful and engaging style, Coggan challenges conventional wisdom, prompting readers to question the very foundations of our financial world. He dissects the mechanisms that govern the value of money, exposing the intricate web of promises and obligations that underpin our financial stability. Through historical analysis and contemporary observations, he unveils the inherent vulnerability of our current system, raising critical questions about its future sustainability.

**Paper Promises** is more than just a financial treatise. It's a call to action, urging readers to understand the mechanisms that shape our world and to engage in informed discourse about the future of our financial systems. Coggan's work is a timely and essential read for anyone seeking to grasp the complexities of our interconnected global economy.

Philip Coggan is a respected financial journalist with a deep understanding of economic history and contemporary finance. His writing is both informative and thought-provoking, making complex financial concepts accessible to a broad audience.

Wydawnictwo	Penguin Books
tytuł oryginału	Paper Promises: Money, Debt and The New World Order
data wydania	6 września 2012
ISBN	9780718192143
liczba stron	320
słowa kluczowe	dług, teoria pieniądza, coggan, polityka pieniężna, parytet złota
kategoria	biznes, finanse
język	angielski