Reviewed summary
The End of Alchemy: Money, Banking, and the Future of the Global Economy
Ever wonder why banks seem to be playing with fire, turning your safe little deposits into risky long-term bets? Spoiler: It’s not magic, it’s alchemy — and it’s the root of every financial crisis you’ve heard about. Mervyn King, ex-Bank of England boss, pulls back the curtain on this dangerous trick and asks: can we ever really fix the system or are we doomed to repeat the same mistakes?
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