Markets

Thanks to the book, you will easily understand how money is created and what happens to it next. How and why do central bankers make decisions and how do financial markets react to them. Whether you are interested in currency, bond, stock or cryptocurrency markets, a thorough knowledge of monetary policy can save you a lot of money or even bring you some extra. Or do you just want to understand what is being talked about on TV when central banks raise rates? Where did inflation come from and why are mortgages sometimes unaffordable?

Using current cases and stories from the most important figures in the theory and practice of monetary policy, this book illustrates and explains why it has never been more important to understand how money works.

A leading Czech expert on the topic wrote a foreword for each chapter.