SKU: 65184813632

Naked Money: A Revealing Look at Our Financial System

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Naked Money: A Revealing Look at Our Financial SystemConsider the $20 bill. It has no more value, as a simple slip of paper, than Monopoly money. Yet even children recognize that tearing one into small pieces is an act of inconceivable stupidity. What makes a $20 bill actually worth twenty dollars? In the third volume of his best selling Naked series, Charles Wheelan uses this seemingly simple question to open the door to the surprisingly colorful world of money and banking. The search for an answer

Consider the $20 bill.

It has no more value, as a simple slip of paper, than Monopoly money. Yet even children recognize that tearing one into small pieces is an act of inconceivable stupidity. What makes a $20 bill actually worth twenty dollars? In the third volume of his best-selling Naked series, Charles Wheelan uses this seemingly simple question to open the door to the surprisingly colorful world of money and banking.

The search for an answer triggers countless other questions along the way: Why does paper money ("fiat currency" if you want to be fancy) even exist? And why do some nations, like Zimbabwe in the 1990s, print so much of it that it becomes more valuable as toilet paper than as currency? How do central banks use the power of money creation to stop financial crises? Why does most of Europe share a common currency, and why has that arrangement caused so much trouble? And will payment apps, bitcoin, or other new technologies render all of this moot?

In Naked Money, Wheelan tackles all of the above and more, showing us how our banking and monetary systems should work in ideal situations and revealing the havoc and suffering caused in real situations by inflation, deflation, illiquidity, and other monetary effects. Throughout, Wheelan's uniquely bright-eyed, whimsical style brings levity and clarity to a subject often devoid of both. With illuminating stories from Argentina, Zimbabwe, North Korea, America, China, and elsewhere around the globe, Wheelan demystifies the curious world behind the paper in our wallets and the digits in our bank accounts.



Binding Type: Paperback
Publisher: W. W. Norton & Company
Published: 04/11/2017
ISBN: 9780393353730
Pages: 368
Weight: 0.65lbs
Size: 8.20h x 5.40w x 1.00d
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SKU: 65184813632

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Jaime Roberts
Belleville, US
★★★★★ 5
Great book
Format: Hardcover
Keeps children and adults even interested. My little one wants to read over and over again. It’s very cool and educational which I love. It sparks the love of science and learning.
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Reviewed in the United States on April 10, 2026
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Iliana
Los Angeles, US
★★★★★ 5
Beautiful book 📕
Format: Hardcover, Format: Hardcover
My 6 years son love it 🥰. He really enjoys looking every detail and lifting flaps. Excellent quality. I strongly recommend it.
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Reviewed in the United States on November 23, 2025
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Akukuma
San Leandro, US
★★★★★ 5
Great buy!!
Format: Hardcover
Fantastic book! For adults and children!!
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Reviewed in the United States on January 19, 2026
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Alyssa
Carnegie, US
★★★★★ 5
Great book for learning about Earth
Format: Hardcover
My son was asking different questions about the Earth and this book was the perfect surprise for him. He’s only 5 so he loved all the different interactive features on every page. We read it together and it was just the right amount of information for him to understand. 100% recommend for curious little minds!
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Reviewed in the United States on August 10, 2025
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Megan Courtney May
Battle Creek, US
★★★★★ 5
Worth it!
Format: Hardcover
My child loves this book!
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Reviewed in the United States on December 15, 2025

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