Money: A Zero-Sum Game

Money, an indispensable part of our lives, determines our economic well-being. In any economy, money is an asset to “we the people” who own it and is a liability for the institutions that owe it. While establishing that money, thus, is a zero-sum game – there are no winners in this game without losers – the book explains how the money game is played. Understanding this zero-sum game is crucial as each one of us is a participant in this game.