Creating wealth from thin air

Posits that the entire financial future of the world, owing to financial instruments, will change – to the benefit of society. States that the arrival of derivatives poses three dangers: systemic risk; lack of control of the use of derivatives; and the risk of capital market mis‐reporting. Concludes that there is a chance to create enormous wealth but there is also scope for disaster – how these pan out depends on the right financial engineering.

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Year of publication:	2000
Authors:	Damant, David
Published in:	Balance Sheet. - MCB UP Ltd, ISSN 1758-4086, ZDB-ID 2088633-0. - Vol. 8.2000, 1, p. 37-39
Publisher:	MCB UP Ltd
Subject:	Wealth \| Finance \| Derivatives

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Type of publication:	Article
Type of publication (narrower categories):	research-article
Language:	English
Other identifiers:	10.1108/09657960010338481 [DOI]
Source:	Other ZBW resources

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