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Book notes: Money in crisis: the return of instability and the myth of digital cash, by Ignazio Angeloni and Daniel Gros

This book should be essential reading for policy-makers at a time of uncertainty and technological change

Money in Crisis, by Ignazio Angeloni and Daniel Gros
Cambridge University Press

Ignazio Angeloni and Daniel Gros, Money in crisis: the return of instability and the myth of digital cash, Cambridge University Press 2025, 367 pages.

Ignazio Angeloni and Daniel Gros have written a thoughtful and illuminating book that should be essential reading for policy-makers facing the multiple challenges of rapid technological change (including AI), geopolitical rifts and threats to the rule of law in many countries. Their book provides, first of all, an excellent survey of the history of

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