Listen free for 30 days

Listen with offer

  • Naked Money

  • A Revealing Look at What It Is and Why It Matters
  • By: Charles Wheelan
  • Narrated by: Jonathan Davis
  • Length: 13 hrs and 11 mins
  • 4.6 out of 5 stars (52 ratings)

$0.00 for first 30 days

Pick 1 audiobook a month from our unmatched collection - including bestsellers and new releases.
Listen all you want to thousands of included audiobooks, Originals, celeb exclusives, and podcasts.
Access exclusive sales and deals.
£7.99/month after 30 days. Renews automatically. See here for eligibility.
Naked Money cover art

Naked Money

By: Charles Wheelan
Narrated by: Jonathan Davis
Try for £0.00

£7.99/month after 30 days. Renews automatically. See here for eligibility.

Buy Now for £18.99

Buy Now for £18.99

Pay using card ending in
By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

Listeners also enjoyed...

The Great Delusion cover art
The Lean Startup cover art
No Bullsh*t Leadership cover art
Naked Statistics cover art
The Little Book of Economics cover art
Code Red cover art
The Coming Bond Market Collapse cover art
The Politically Incorrect Guide to the Great Depression and the New Deal cover art
Legacy cover art
The Financial Crisis and the Free Market Cure cover art
Winning Minds cover art
Austerity cover art
A Fine Mess cover art
Easy Money cover art
When Money Dies cover art
Bitcoin: The Only Complete Quick & Easy Guide to Mastering Bitcoin and Digital Currencies cover art

Summary

Consider the $20 bill. It has no more value, as a simple slip of paper, than Monopoly money. Yet even children recognize that tearing one into small pieces is an act of inconceivable stupidity. What makes a $20 bill actually worth $20?

In the third volume of his best-selling Naked series, Charles Wheelan uses this seemingly simple question to open the door to the surprisingly colorful world of money and banking. The search for an answer triggers countless other questions along the way: Why does paper money (fiat currency, if you want to be fancy) even exist? And why do some nations, like Zimbabwe in the 1990s, print so much of it that it becomes more valuable as toilet paper than as currency? How do central banks use the power of money creation to stop financial crises? Why does most of Europe share a common currency, and why has that arrangement caused so much trouble? And will payment apps, bitcoin, or other new technologies render all of this moot?

In Naked Money, Wheelan tackles all of the above and more, showing us how our banking and monetary systems should work in ideal situations and revealing the havoc and suffering caused in real situations by inflation, deflation, illiquidity, and other monetary effects. Throughout, Wheelan's uniquely bright-eyed, whimsical style brings levity and clarity to a subject often devoid of both. With illuminating stories from Argentina, Zimbabwe, North Korea, America, China, and elsewhere around the globe, Wheelan demystifies the curious world behind the paper in our wallets and the digits in our bank accounts.

©2016 Charles Wheelan (P)2016 Audible, Inc.

Love Books? You'll Love Audible.

Transform your day

Transform your day

Replace endless scrolling with endless listening. Chores can be fun.

Listen everywhere

Listen everywhere

You can’t turn pages while you drive—but you can press play.

Carry your entire Library

Carry your entire Library

Your stories go where you go. Audiobooks don’t weigh a thing.

Listen and learn

Listen and learn

Discover stories that can change your mind, your well-being, and your life.

Reach your reading goals

Reach your reading goals

Download titles to listen offline, wherever you are in the world.

Find your niche

Find your niche

WIth thousands of titles to explore, there’s something for everyone.

Try for £0.00 £7.99/month after 30 days. Renews automatically. See here for eligibility.

What listeners say about Naked Money

Average customer ratings
Overall
  • 4.5 out of 5 stars
  • 5 Stars
    38
  • 4 Stars
    11
  • 3 Stars
    1
  • 2 Stars
    2
  • 1 Stars
    0
Performance
  • 5 out of 5 stars
  • 5 Stars
    36
  • 4 Stars
    8
  • 3 Stars
    1
  • 2 Stars
    0
  • 1 Stars
    0
Story
  • 4.5 out of 5 stars
  • 5 Stars
    35
  • 4 Stars
    8
  • 3 Stars
    1
  • 2 Stars
    1
  • 1 Stars
    0

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Very good, indeed

I like the author's style and the examples he utilizes are very good indeed. I am not working in finances and some parts of this book were a bit challenging for me but I learnt a lot about the money - I believe it will be somehow helpful at the decisions regarding my own finances.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Great

Great content, great narration. Naked Money, Naked Economics and Naked Statistics are full of great content and they all compliment each other.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
  • R
  • 27-12-22

enjoyable introduction to money/curreny

A fantastic explanation of how money works, building up every concept from very simple primative forms of currency to super complex monetary policies by central banks. Why things are the way they are, what the gold standard is and is not, the pros and cons of pegging any currency to gold, or anything else.

The first 80% of the book is easy to understand and can be listened to fairly casually, the last 20% is rather more detailed and really needs your full attention to grasp the concepts properly. Still a fantastic and enjoyable introduction to the functions of money in economies around the world.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Excellent listen

Clear and lively explanation of what money is, what money isn't, how its used and the essential work of central banks. Good overview of monetary policy responses to the crashes of 1929 and 2008, and even a chapter on bitcoin. First class.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

3 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Informative and Entertaining

I’m so glad I stumbled upon this book. It explains money and the financial system with humorous, witty analogies that made me laugh whilst being educated at the same time.

It has made me think in a different way about the system having previously listened to other books on money that are more critical of leaving the gold standard, whilst this book explains the benefits of fiat currencies and the central banks having control and flexibility.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Great content

This is my second reading of the book and I love it.
As someone who has never formally studied economics but finds it fascinating this strikes the balance between intelligent and fun

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

3 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Money... makes my head spin round

A really useful, interesting, & informative overview, surprisingly easy to listen too! A topic so rarely talked about and something that is exploited by politicians the world over in justifying fiscal policy.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!