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To be human is to deceive

Written by New Money Review Staff on December 10, 2020

More in ACCOUNT:

  • The rise of techno-fascism October 27, 2025
  • Unseen Money 12: Keeping hackers out of your DeFi wallet July 15, 2025
  • Unseen Money 11—a bad bird on your wire May 19, 2025

Humans have an innate ability to deceive, both each other and themselves. And nowhere is this skill put to more powerful effect than in the world of money.

Financial fraud is the specialist subject of Dan Davies, author of ‘Lying for Money’ and our guest on the latest New Money Review podcast, ‘the future of money in 30 minutes’.

“I had a ring-side seat at some of the biggest frauds there have ever been,” says Davies, a former regulator and investment banker.

In the podcast, Davies tells New Money Review editor Paul Amery why there will always be some level of fraud in the economy, why all financial frauds fall into one of four categories and why we may be living in the golden age of financial deception.

Listen to the podcast to hear about:

  • Why it’s pointless to try and eradicate fraud
  • The four categories of financial fraud
  • Coronavirus and the golden age of fraud
  • How most tech fortunes were built on deception
  • Why trust is cheap and fallible

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Click here for a full list of episodes of the New Money Review podcast: the future of money in 30 minutes

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    Unseen Money 12: Keeping hackers out of your DeFi wallet


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    Unseen Money 11—a bad bird on your wire


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New Money Review covers innovations in money and their implications for our financial, social and political systems.

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