Princess Persephone and the Money Wizards: Inflation Comes to Ganymede
By Sheila Bair and Manuela Lopez
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About this ebook
Princess Persephone means well when she orders the Money Wizards to conjure more cash for the people of Ganymede, but the result is the opposite of what she wants or expects.
Princess Persephone wants her friends to come along on the summer vacation of her dreams, but they can't afford tickets. No problem! She can just tell Ganymede’s Money Wizards to print more bills. Though a wizard explains that doing so could lead to price hikes, Persephone insists. Then her royal subjects go on a spending spree, creating a shortage of the tickets her friends need for their trip. What’s a princess to do?
Sheila Bair
Sheila Bair is the former Chairman of the FDIC (Federal Deposit Insurance Corporation). She has been covered—and lauded—everywhere from The New Yorker to The Washington Post to The Wall Street Journal, and in 2008 and 2009 Forbes named her the second-most powerful woman in the world. Prior to assuming her post at the FDIC, Bair served as assistant secretary for financial institutions at the US Department of the Treasury and as senior vice president for government relations of the New York Stock Exchange.
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