This book takes a historical perspective on
the growth of the economy and the financial system.
It is only when we understand the past, do we
truly get to understand what is happening in the
present. Today, people throw a lot of words in the
air, asking the government to print more money as
it would solve all humanitarian problems. Others
say that printing more money only means rising
prices. Some people say that high government debt
is a burden on future generations. There are conspiracy
theories abound that try to tell a story about
how the financial system is intentionally flawed
and biased against common people. I think before
making such huge claims, we should first understand
how the financial system works at the fundamental
level.