Download The Money Formula: Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets AudioBook Free
Explore the lethal elegance of finance's invisible powerhouse The Money Method goes inside the engine motor room of the global economy to explore the little-understood world of quantitative financing, and show the way the future of our economy rests on the backs of the all-but-impenetrable industry. Written not from a post-crisis perspective - but from a preventative perspective - this booklet traces the development of financial derivatives from bonds to credit default swaps, and shows how mathematical formulas travelled beyond charges to expand their use to the stage where they dwarfed the real economy. You'll understand how the lethal allure of the ice-cold beauty has misled decades of economists and traders, and how continued reliance on these formulas can either assist future monetary development, or send the global economy into the financial equivalent of a cardiac arrest. Instead of rehash stories of post-crisis fallout, this booklet focuses on protecting against another one. By checking out the center of the shadow economy, you'll be better ready to ride the harsh waves of financing into the turbulent future.
- Delve into one of the world's least-understood but highest-impact business
- Understand the main element ideas of quantitative financing and the progression of the field
- Learn what quantitative financing has become, and how it affects people
- Discover the way the industry's next steps determine the economy's future