…a book to dispel confusion regarding the financial system.
Do you believe in financial inequality? The lack of financial education is the main reason for this inequality. Have you ever wondered what money really is and how it functions in our economy?
In “The Chimera of Money,” we delve into the fundamentals of money and the banking system, from its roots to its role in the current economy, to understand the exact mechanism of fiat money.
To achieve this, you will learn the precise workings of how banks operate, how money is created, how money is destroyed, and how to anticipate changes in economic cycles. We will also explore how money impacts society and the importance of having an honest and sustainable monetary system.
All of this is explained in a way that anyone can understand, with the purpose of making the content of the book applicable to everyday life.
The word “chimera” comes from the Greek Χιμαιρα (Khimaira). It was a monstrous female creature created by Greek mythology, with a lion’s head that breathed fire, a goat or mixed (lion-goat) body, and a second goat head emerging from its back, while its tail was a snake.
Chimera met its demise due to a rain of arrows shot by Bellerophon. Over time, the word “chimera” came to be used to refer to a dream or illusion that is a product of the imagination and is yearned for or pursued despite being highly unlikely to be realized.
Money is one of the most smoke-screened topics that exist. There is great confusion about what money exactly is, its creation, role, and circulation in the economy.
There are significant chimeras regarding money, especially concerning its creation and use by banks and governments. The purpose of the book is to uncover these chimeras so that the reader learns what money truly is and why an economy experiences economic phenomena such as inflation and deflation.
We have written a book with the purpose of helping those people who do not have knowledge about how an economy works.