With this guiding principle Carney offers a number of resolute and implementable ideas to consider and put into practice. It is in these situations of intense stress, Blumenberg argues that myth develops to protect us from an overwhelming reality.

First some thoughts on the book, and generated by the book are presented followed by a summary of the main sections of the book based on what I took from it. The book therefore turns to the imperatives of how to recognise and reinforce these essential social foundations of the common good. The advantage of Stablecoins and CBDCs are that they lower the transaction costs for both national and international transactions, speed up the processing of transactions and provide secure transaction platforms. Carney loves citing the wisdom of others, and many of the numerous quotes throughout the book are worth highlighting. but the societal consensus appears to be that we need immediate action to protect future generations if not ourselves.

I will not bore the reader with everything but will give you a flavor of the book and encourage you to read it for yourself. The systematic and process improvements implemented following the crisis meant that the next shock he details, COVID, could be borne much better by the world economy. For this reason, he predicts that whatever the technological innovations, central banks will need to continue to fulfil their core function of providing public backstops to ensure that public trust in money is maintained: "For money to be sound it must be trusted.

In other words what metrics do we apply to ensure we are investing in organizations that create value for us while reflecting our values.He is an uncertain guide through the pros and cons of utilitarianism and its current guise, cost benefit analysis; he simultaneously recognises the need for putting some numbers on the costs and wider welfare benefits of policies while recoiling from the cruelties it can throw up. Advancing patriotism by reinstilling common purpose, ideals and values in global affairs is integral to country strategies that build opportunities for all. Carney’s reflections chime with the Covid-induced re-appreciation of underpaid essential services, disenchantment with neoliberal marketisation and the rediscovery of the commons and the state. But what I loved is how he constantly pulls his readers back to basics--to the values we live for and by.