Satyajit Das Talks About Extreme Money

Satyajit Das, Author of Extreme Money : Masters of the Universe and the Cult of Risk 

Satyajit talks about:

- Money, how it has changed from being just a mere medium of exchange to its current form

- Fraud in the banking system and how it is easily it has become undetectable

- Debt, which has become more and more complex contributing to the debt problems the global economy is facing today

- His solution: to borrow sensibly, need to return to traditional banking

- Ongoing eurozone debt problem unlikely to be resolved soon; after Greece, Spain and Italy may follow