of financial crises, showing that money is taken out of circulation when bank loans are paid back. This key insight is at …Introduction -- 1 What is money? -- A History of Money and Banking -- 2 Money from the very beginning -- 3 Banks enter … role of banks in a modern economy -- II An Analysis of Financial Crises -- 8 The role of money and the logic of recessions …

1. Why Another Book about Money? -- 2. Imagine a World Without Money -- 3. A Brief History of Money -- 4. Saving … 2007-2009 and the Great Recession -- 7. Economic Growth and the Role of Money -- 8. Money in an Interconnected World -- 9 …This book clarifies some misunderstandings about money by tying the concept of money to the goods and services sector …