How to Speak Money

With characteristic wit and candor ("wickedly funny" —Dwight Garner, New York Times), Lanchester shows how the world of finance and economics really works—from the terms and conditions of your personal checking account to the evasions of bankers appearing in front of Congress. How to Speak Money reveals how the language of money is often a tool to conceal and mislead; he explains hundreds of common economic terms, from GDP to the IMF, amortization and securitization to collateralized debt obligation; and he argues that we all need to speak money lest those who do write the financial rules for themselves.