{"id":56596,"date":"2025-03-04T21:02:05","date_gmt":"2025-03-04T21:02:05","guid":{"rendered":"https:\/\/studentsclub.org\/homepage\/naked-money-a-revealing-look-at-our-financial-system\/"},"modified":"2025-03-04T21:02:05","modified_gmt":"2025-03-04T21:02:05","slug":"naked-money-a-revealing-look-at-our-financial-system","status":"publish","type":"post","link":"https:\/\/studentsclub.org\/homepage\/naked-money-a-revealing-look-at-our-financial-system\/","title":{"rendered":"Naked Money: A Revealing Look at Our Financial System"},"content":{"rendered":"<p><br \/>\nPrice: <span style=\"color:#b12704\"><del>$18.95<\/del> - $15.62<\/span><br \/><i><small>(as of Mar 04, 2025 21:02:05 UTC &#8211; <span class=\"wp_automatic_amazon_disclaimer\" title=\"Product prices and availability are accurate as of the date\/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.\">Details<\/span>)<\/small><\/i><\/p>\n<p><a href=\"https:\/\/amazon.com\/dp\/0393353737?tag=musadiqhus0f2-20\"><img decoding=\"async\" src=\"https:\/\/valvepress.s3.amazonaws.com\/imgs\/buy_now.png\"><\/a><br \/>\n<\/p>\n<p>Charles Wheelan\u2019s wonderfully whimsical, best-selling Naked series tackles the weird, surprisingly colorful world of money and banking.<\/p>\n<p>Consider the $20 bill.<\/p>\n<p>It has no more value, as a simple slip of paper, than Monopoly money. Yet even children recognize that tearing one into small pieces is an act of inconceivable stupidity. What makes a $20 bill actually worth twenty dollars? In the third volume of his best-selling Naked series, Charles Wheelan uses this seemingly simple question to open the door to the surprisingly colorful world of money and banking.<\/p>\n<p>The search for an answer triggers countless other questions along the way: Why does paper money (\u201cfiat currency\u201d if you want to be fancy) even exist? And why do some nations, like Zimbabwe in the 1990s, print so much of it that it becomes more valuable as toilet paper than as currency? How do central banks use the power of money creation to stop financial crises? Why does most of Europe share a common currency, and why has that arrangement caused so much trouble? And will payment apps, bitcoin, or other new technologies render all of this moot?<\/p>\n<p>In Naked Money, Wheelan tackles all of the above and more, showing us how our banking and monetary systems should work in ideal situations and revealing the havoc and suffering caused in real situations by inflation, deflation, illiquidity, and other monetary effects. Throughout, Wheelan\u2019s uniquely bright-eyed, whimsical style brings levity and clarity to a subject often devoid of both. With illuminating stories from Argentina, Zimbabwe, North Korea, America, China, and elsewhere around the globe, Wheelan demystifies the curious world behind the paper in our wallets and the digits in our bank accounts.<\/p>\n<p> 15 illustrations    <\/p>\n<p> Publisher                                    \u200f                                    :                                    \u200e                                    W. W. Norton &#038; Company; Reprint edition (April 11, 2017)   <br \/> Language                                    \u200f                                    :                                    \u200e                                    English   <br \/> Paperback                                    \u200f                                    :                                    \u200e                                    368 pages   <br \/> ISBN-10                                    \u200f                                    :                                    \u200e                                    0393353737   <br \/> ISBN-13                                    \u200f                                    :                                    \u200e                                    978-0393353730   <br \/> Item Weight                                    \u200f                                    :                                    \u200e                                    2.31 pounds   <br \/> Dimensions                                    \u200f                                    :                                    \u200e                                    5.5 x 0.9 x 8.3 inches   <\/p>\n<div id=\"product-summary\" data-hook=\"cr-insights-widget-summary\" class=\"a-section a-spacing-none\">\n<div class=\"a-section a-spacing-small a-spacing-top-\">\n<h3 data-hook=\"cr-insights-heading-label\" class=\"a-size-base-plus a-color-base a-text-bold\">Customers say<svg class=\"_Y3Itc_ai-branding-icon_1_-VZ\" width=\"18\" height=\"18\" viewbox=\"0 0 18 18\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\"><g clip-path=\"url(#clip0_1566_10942)\"><path d=\"M0.371705 14.3508C0.224179 14.1666 0.125828 14.0066 0.0829307 13.8779C0.0274777 13.7063 0.076653 13.6132 0.132106 13.5703C0.24929 13.4782 0.42088 13.5399 0.722209 13.7795C2.90999 15.5435 5.79773 16.2132 8.49504 16.2132C10.8858 16.2132 13.1343 15.6848 14.597 14.9168C14.8428 14.7881 15.0458 14.6835 15.1808 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class=\"a-spacing-small\"><span>Customers find the book easy to understand and a good reference for basic and advanced financial knowledge. They appreciate the engaging explanations of related topics like Japan&#8217;s lost decades. The book provides an interesting introduction for modern banking and economies. Readers find it entertaining and humorous, with great analogies and metaphors.<\/span><\/p>\n<p data-csa-c-item-id=\"ai_generated_text_banner\" data-csa-c-owner=\"CustomerReviews\" data-csa-c-slot-id=\"cr-product-insights-cards_ai-generated-text\" data-csa-c-type=\"uxElement\" data-hook=\"cr-insights-ai-generated-text\" class=\"a-size-small a-color-secondary\">AI-generated from the text of customer reviews<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p> Charles Wheelan\u2019s wonderfully whimsical, best-selling Naked series tackles the weird, surprisingly colorful world of money and banking. Consider the $20 bill. It has no more value, as a simple slip of paper, than Monopoly money. Yet even children recognize that tearing one into small pieces is an act of inconceivable [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":56597,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","fifu_image_url":"https:\/\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg","fifu_image_alt":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[102],"tags":[],"class_list":{"0":"post-56596","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-self-help"},"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=803&resize=803,1200&ssl=1","uagb_featured_image_src":{"full":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=803&resize=803,1200&ssl=1",803,1200,true],"thumbnail":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=150&resize=150,150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=300&resize=300,300&ssl=1",300,300,true],"medium_large":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=768&resize=768,0&ssl=1",768,0,true],"large":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=1024&resize=1024,1024&ssl=1",1024,1024,true],"1536x1536":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=1536&resize=1536,1536&ssl=1",1536,1536,true],"2048x2048":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=2048&resize=2048,2048&ssl=1",2048,2048,true],"td_0x420":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=0&resize=0,420&ssl=1",0,420,true],"td_80x60":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=80&resize=80,60&ssl=1",80,60,true],"td_150x0":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=150&resize=150,0&ssl=1",150,0,true],"td_218x150":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=218&resize=218,150&ssl=1",218,150,true],"td_300x0":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=300&resize=300,0&ssl=1",300,0,true],"td_324x400":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=324&resize=324,400&ssl=1",324,400,true],"td_485x360":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=485&resize=485,360&ssl=1",485,360,true],"td_696x0":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=696&resize=696,0&ssl=1",696,0,true],"td_1068x0":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=1068&resize=1068,0&ssl=1",1068,0,true],"td_1920x0":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=1920&resize=1920,0&ssl=1",1920,0,true],"woocommerce_thumbnail":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=300&resize=300,300&ssl=1",300,300,true],"woocommerce_single":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=600&resize=600,0&ssl=1",600,0,true],"woocommerce_gallery_thumbnail":["https:\/\/i0.wp.com\/m.media-amazon.com\/images\/I\/51XAEEWjoML._SL1200_.jpg?w=100&resize=100,100&ssl=1",100,100,true]},"uagb_author_info":{"display_name":"Musadiq hussain","author_link":"https:\/\/studentsclub.org\/homepage\/author\/musadiqhussain1306gmail-com\/"},"uagb_comment_info":0,"uagb_excerpt":"Price: (as of &#8211; Details) Charles Wheelan\u2019s wonderfully whimsical, best-selling Naked series tackles the weird, surprisingly colorful world of money and banking. Consider the $20 bill. It has no more value, as a simple slip of paper, than Monopoly money. Yet even children recognize that tearing one into small pieces is an act of inconceivable&hellip;","_links":{"self":[{"href":"https:\/\/studentsclub.org\/homepage\/wp-json\/wp\/v2\/posts\/56596"}],"collection":[{"href":"https:\/\/studentsclub.org\/homepage\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/studentsclub.org\/homepage\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/studentsclub.org\/homepage\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/studentsclub.org\/homepage\/wp-json\/wp\/v2\/comments?post=56596"}],"version-history":[{"count":0,"href":"https:\/\/studentsclub.org\/homepage\/wp-json\/wp\/v2\/posts\/56596\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/studentsclub.org\/homepage\/wp-json\/wp\/v2\/media\/56597"}],"wp:attachment":[{"href":"https:\/\/studentsclub.org\/homepage\/wp-json\/wp\/v2\/media?parent=56596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/studentsclub.org\/homepage\/wp-json\/wp\/v2\/categories?post=56596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/studentsclub.org\/homepage\/wp-json\/wp\/v2\/tags?post=56596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}