The End Of Banking: Money, Credit, And The Digital Revolution
The End of Banking: Money, Credit, and the Digital Revolution
There is an alternative!
In this thought-provoking book, Jonathan McMillan dissects banking to reveal its inner workings. He cuts through the complexity of modern finance and explains how banking almost crashed our financial system. Banking is broken, and McMillan reveals why we can no longer fix it.
The digital revolution turns out to be the game changer that calls for the end of banking. But McMillan refrains from merely pointing out flaws. Building on economic research and a rigorous analytical approach, he goes on to provide an innovative blueprint for a modern financial system.
The End of Banking transforms our understanding of the financial system. It identifies the root cause of today's problems with banking and presents a solution that stands out against existing reform proposals.
We can do better than banking
"An interesting and challenging vision" (Vítor Constâncio, Vice President of the European Central Bank)
"In this book, McMillan embraces the digital revolution and shows, clearly and compellingly, how it can be used to create a financial system that is much better, much simpler and much fairer. Read it urgently and dare to...