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Cargando... The Almighty Dollar: Follow the Incredible Journey of a Single Dollar to See How the Global Economy Really Workspor Dharshini DavidNinguno Cargando...
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Google Books — Cargando... GénerosSistema Decimal Melvil (DDC)332.4973Social sciences Economics Finance Money Biography And History North America United StatesClasificación de la Biblioteca del CongresoValoraciónPromedio:
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But how did the dollar reach this point? Why do prices keep going up? How come we have more disposable income than previous generations and yet can’t afford a house? To answer these questions and many others, economist Dharshini David, follows the path of a single dollar from the moment it is spent in a superstore in America to its part in the growing Chinese economy. From there we will follow it to Africa, India, the Middle East and Europe before it wends its way back to its home country. Each transaction is used to show how the money moves across the world, being part of legitimate and sometimes not so legal transactions.
Through this fictionalised account of a single dollar (and a guest appearance by the Euro), David is able to show where and how the money has pure power and leverage, where people are struggling to survive and where the people are that have more money than they can ever spend. Our interlinked global system has lots of positive benefits, but there are many negative ones too. Because of this close linking of economies, if there is a crash, then there is a domino effect as a collapse in one part of the global economy is rapidly transmitted around the world to other vulnerable states.
Even though economics affects every one of us on the planet to a greater or lesser extent, most people tend to ignore it; it is not called the dismal science for no reason at all. This book is a way of trying to get people to see that it is important and that a lot of the principles are fairly straightforward to understand. It helps because of David’s writing, but the idea of following that single dollar works really well. Overall I liked this book, it doesn’t go into much depth, but that is not really going to happen in a book this short. However, if you feel the need to read more about the subject, then a reading list has been provided. ( )