The curse of cash / (Record no. 71809)
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000 -LEADER | |
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fixed length control field | 03532cam a2200313 i 4500 |
001 - CONTROL NUMBER | |
control field | u80094 |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20221025163226.0 |
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
fixed length control field | ta |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 170620s2016 njua b 001 0 eng |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
International Standard Book Number | 9780691172132 |
040 ## - CATALOGING SOURCE | |
Original cataloging agency | DLC |
Language of cataloging | eng |
Description conventions | rda |
Transcribing agency | PUL |
Modifying agency | DLC |
-- | BTCTA |
-- | ERASA |
-- | BDX |
-- | OCLCF |
-- | FM0 |
-- | YDX |
-- | JTH |
-- | OCL |
-- | CHVBK |
-- | VP@ |
-- | YUS |
-- | GBVCP |
-- | OCLCO |
-- | OCLCQ |
-- | UK-LoPHL |
082 04 - DEWEY DECIMAL CLASSIFICATION NUMBER | |
Classification number | 332.4 |
100 1# - MAIN ENTRY--PERSONAL NAME | |
Personal name | Rogoff, Kenneth S. |
Relator term | author. |
9 (RLIN) | 93925 |
245 14 - TITLE STATEMENT | |
Title | The curse of cash / |
Statement of responsibility, etc. | Kenneth S. Rogoff. |
264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE | |
Place of production, publication, distribution, manufacture | Princeton ; |
-- | Oxford : |
Name of producer, publisher, distributor, manufacturer | Princeton University Press, |
Date of production, publication, distribution, manufacture, or copyright notice | 2016. |
300 ## - PHYSICAL DESCRIPTION | |
Extent | x, 283 pages |
336 ## - CONTENT TYPE | |
Content type term | text |
Source | rdacontent |
337 ## - MEDIA TYPE | |
Media type term | unmediated |
Source | rdamedia |
338 ## - CARRIER TYPE | |
Carrier type term | volume |
Source | rdacarrier |
505 0# - FORMATTED CONTENTS NOTE | |
Formatted contents note | Introduction and overview -- The early development of coins and paper currency -- Size and composition of global currency supplies, and the share held abroad -- Holdings of currency in the domestic legal, tax-paying economy -- Currency demand in the underground economy -- Seigniorage -- A plan for phasing out most paper currency -- The cost of the zero bound constraint -- Higher inflation targets, nominal GDP, escape clauses and fiscal policy -- Other paths to negative interest rates -- Other possible downsides to negative nominal policy rates -- Negative interest rates as a violation of trust and a step away from rule-based systems -- International dimensions to phasing out paper currency -- Digital currencies and gold -- Final thoughts. |
520 ## - SUMMARY, ETC. | |
Summary, etc. | "The world is drowning in cash—and it's making us poorer and less safe. In The Curse of Cash, Kenneth Rogoff, one of the world’s leading economists, makes a persuasive and fascinating case for an idea that until recently would have seemed outlandish: getting rid of most paper money. Even as people in advanced economies are using less paper money, there is more cash in circulation—a record $1.4 trillion in U.S. dollars alone, or $4,200 for every American, mostly in $100 bills. And the United States is hardly exceptional. So what is all that cash being used for? The answer is simple: a large part is feeding tax evasion, corruption, terrorism, the drug trade, human trafficking, and the rest of a massive global underground economy. As Rogoff shows, paper money can also cripple monetary policy. In the aftermath of the recent financial crisis, central banks have been unable to stimulate growth and inflation by cutting interest rates significantly below zero for fear that it would drive investors to abandon treasury bills and stockpile cash. This constraint has paralyzed monetary policy in virtually every advanced economy, and is likely to be a recurring problem in the future. The Curse of Cash offers a plan for phasing out most paper money—while leaving small-denomination bills and coins in circulation indefinitely—and addresses the issues the transition will pose, ranging from fears about privacy and price stability to the need to provide subsidized debit cards for the poor. While phasing out the bulk of paper money will hardly solve the world’s problems, it would be a significant step toward addressing a surprising number of very big ones. Provocative, engaging, and backed by compelling original arguments and evidence, The Curse of Cash is certain to spark widespread debate."--Provided by publisher. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Paper money |
9 (RLIN) | 60597 |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Money. |
9 (RLIN) | 24794 |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Currency question. |
9 (RLIN) | 36824 |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Monetary policy. |
9 (RLIN) | 24934 |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Interest rates. |
9 (RLIN) | 34938 |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Tax evasion. |
9 (RLIN) | 25188 |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Suppress in OPAC | Do not suppress in OPAC |
Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Shelving location | Date acquired | Cost, normal purchase price | Total Checkouts | Full call number | Barcode | Date last seen | Date last checked out | Copy number | Cost, replacement price | Price effective from | Koha item type |
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House of Lords Library - Palace | House of Lords Library - Palace | Dewey | 20/06/2017 | 20.96 | 3 | 332.4 ROG | 014030 | 28/06/2018 | 09/05/2018 | 1 | 20.96 | 08/12/2017 | Book |