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  • Published: 11 June 2026
  • ISBN: 9781804961995
  • Imprint: Penguin
  • Format: Audio Download
  • RRP: $55.00

Money: The Inside Story

The Surprising Truth About How Money Works




The Bank of England pull back the curtain on how money really works, and what happens when it doesn’t.

Where does money come from? What gives a £1 coin its value? And whose job is it to actually print banknotes?

Most of us think about money every day. But we tend not to think about how weird it is: a totally abstract concept, built entirely on trust, which somehow makes the whole world function.

The Bank of England know more about money than most – after all, they are the ones responsible for making sure it works. Now, the Bank answer all the questions about money that you’ve never thought to ask – from what makes money money, to how private banks create money every time they give out a loan, to what happens to cash when it’s past its sell by date (it’s often moulded into garden furniture, as it turns out). Along the way, they offer your one-stop guide to how money really works – and where it might be going next.

  • Published: 11 June 2026
  • ISBN: 9781804961995
  • Imprint: Penguin
  • Format: Audio Download
  • RRP: $55.00

About the authors

Rupal Patel

Rupal Patel and Jack Leslie are economists at the Bank of England and work as advisers to the committee who set interest rates. Rupal spends most of her time thinking about inflation and now and then writes books about economics. Jack is focused on understanding the UK economy, which means charts, spreadsheets, and more charts.

Jack Leslie

Rupal Patel and Jack Leslie are economists at the Bank of England and work as advisers to the committee who set interest rates. Rupal spends most of her time thinking about inflation and now and then writes books about economics. Jack is focused on understanding the UK economy, which means charts, spreadsheets, and more charts.

The Bank of England

Rupal Patel and Jack Leslie are economists at the Bank of England and work as advisers to the committee who set interest rates. Rupal spends most of her time thinking about inflation and now and then writes books about economics. Jack is focused on understanding the UK economy, which means charts, spreadsheets, and more charts. Founded in 1694, the Bank of England is the UK's central bank, responsible for setting interest rates, running the country’s payments system and regu­lating the financial sector – or in other words, making sure that money works. Over the last decade, the Bank's staff have been on a mission to get outside the City of London and promote economic literacy across the UK: whether by delivering talks in schools, running Citizens' Panels on people's eco­nomic experiences, or publishing the bestselling primer on economics Can’t We Just Print More Money?.
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