Easy Money: The Greatest Ponzi Scheme Ever and How It Threatens to Destroy the Global Financial System

About the Book

The financial crisis of 2008 brought the world to a standstill. Banks and financial firms all over the world had to be rescued by governments – in effect, bailed out by the taxpayer. But have things changed post 2008? Are financial firms and banks operating more responsibly? Are they taking fewer risks than they did in the past? What will happen as and when the next financial crisis hits us? Vivek Kaul answers these and many more questions on how the global financial system is operating in the post-financial-crisis era in the third book in the Easy Money series.Over the last decade, Indian banks in general and the government-owned public sector ones in particular have gradually got themselves into a big mess. Their bad loans, or loans which haven’t been repaid for ninety days or more, crossed Rs 10 lakh crore as of 31 March 2018.

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What people are saying about the Easy Money Trilogy

Asking someone what a thing costs will draw a speedy reply. But now ask them what money is … Vivek has asked himself precisely this question and this fine book is a culmination of his dogged pursuit of the answer. Join him in his rich intellectual voyage and see for yourself where it leads.
Dylan Grice
Former editor of the Edelweiss Journal

Forget what you think you know about money and read the true, absorbing tale told by Vivek Kaul in his thorough, but fascinating book, Easy Money. A great read.
Al Ries
Internationally respected marketing guru and author

On our desk are two great books. One is David Stockman’s The Great Deformation… The other is Vivek Kaul’s Easy Money.
Bill Bonner
President and Founder of Agora Inc, an international publisher of financial and special interest books and newsletters.

This indigenous writer has written a book which is truly global in every sense. I would take the liberty of placing him in the same league as a Niall Ferguson or a Peter Bernstein, even though this is Vivek Kaul’s first book
The Hindu

Kaul is not an economist and rightly assumes that neither are his readers. Unlike other books that seem to have had been written by one economist for other, this book is for everyone who is ready to try out a riveting cocktail of history and economics. There is no jargon to throw you off balance.
Instead, the writing is simple, suave and lucid. 
Daily News and Analysis (DNA)