Description
New Softcover
“Layered Money” is a paradigm-shifting book that provides an intuitive mental model with which to view the history, evolution and future of money. Concepts such as M1 vs. M2 money supply, treasury repo markets and eurodollars can be quite difficult to understand for lay people and “experts” alike. In “Layered Money,” Bhatia consistently turns these intimidating concepts into approachable knowledge with concise explanations and examples. In the end, the reader is left with a comprehensive understanding of why money is inherently hierarchical, the fragilities that exist within the current monetary infrastructure and how Bitcoin may provide the antifragile solution that humanity needs.
