Description
Money in Crisis: The Return of Instability and the Myth of Digital Cash offers a comprehensive analysis of contemporary monetary challenges facing the global economy. Authors Ignazio Angeloni and Daniel Gros examine the recurring patterns of financial instability and evaluate whether emerging digital payment systems can serve as viable alternatives to traditional currency frameworks.
The book critically evaluates the promises and limitations of digital cash and cryptocurrency solutions, arguing against the belief that technological innovation alone can resolve fundamental structural issues in monetary systems. Through rigorous economic analysis, the authors explore the vulnerabilities in current financial architectures and the persistent risks of crisis recurrence.
Essential reading for economists, policymakers, and anyone seeking to understand the intersection of monetary policy, financial stability, and technological innovation in modern markets.







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