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| Ask HN: Book recommendations for understanding financial systems? | ||
| recommended by 3 users | 2020 | 527 points by mx24 | economics | original thread | | ||
With all the craziness this week in the stock market I've become interested in learning about how money works in our society. Fiat currency, the federal reserve, the stock market, etc. Any good book recommendations? | ||
| 3 users recommended this thread. What they said: |
| jonahbenton Mar 14, 2020 | on: Fed to inject $1.5T to prevent ‘unusual disruptions’ in… | context |
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montalbano Mar 28, 2020 | on: Ask HN: Introductory Books on the Stock Market? | context
A similar Ask HN a few weeks ago, and another one from four years ago will probably have lots of good resources for you: |
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diab0lic Nov 23, 2025 | on: Ask HN: Good resources to learn financial systems… | context
There might be some gems for you in this old thread: https://news.ycombinator.com/item?id=22573204 Book recommendations for learning financial systems. |
| Also recommended by people who recommended this: | ||
| 1. | Ask HN: What are the must-read books about economics/finance? | |
| recommended by 1 user | 2016 | 446 points by curiousgal | original thread | | ||
I'm sorry- I am happy to respond to specific questions from the above but nearly every single sentence is a factual/historical misrepresentation, and the language/terminology ("fiat-based", "backed by gold", "yet everyone legally obliged to accept it") is that of someone who has a particular religious view of money (maybe a "goldbug") that may have its own philosophical consistency but...is...just...completely...ahistorical.
Money is a much more interesting topic that goldbugs give it...um...credit for.
There is another recent discussion on HN:
https://news.ycombinator.com/item?id=22573204
that has a lot of pointers to good resources from which to begin the discovery process.