Reckless
Reckless
The Korean edition of Jonathan Bier’s analysis of interest rates, credit and promised returns.
About the book
A work of financial criticism that begins with the history of interest rates and examines how lending and credit shape markets. It follows debates over appropriate interest rates, relationships between lenders and borrowers, and the structures behind promised returns. The 2021 yield bubble and the collapse of lending markets in 2022 frame its analysis of risk. Financial activity around Bitcoin forms part of this broader examination of interest rates and credit.
The history of interest rates
Explore the development of interest rates and economic debates about appropriate rates.
Credit and lending risk
Examine how lenders, borrowers, collateral and credit connect, and how those connections can amplify crises.
The structure of promised returns
Consider what supports promised returns and which risks lie beneath them.
Korean edition details
Korean title
이자의 거짓말
Author
Jonathan Bier (조나단 비어)
Translator
Ark 127
Publisher
NonceLab (논스랩)
Publication date
2026-07-07
ISBN-13
9791198510365