Book description
A Comprehensive Overview of the Past, Present, and Future of MoneyBroken Money explores the history of money through the lens of technology. Politics can affect things temporarily and locally, but technology is what drives things forward globally and permanently. The book's goal is for the reader to walk away with a deep understanding of money and monetary history, both in terms of theoretical foundations and in terms of practical implications.From shells to gold, from papyrus bills of exchange to central banks, and from the invention of the telegraph to the creation of Bitcoin, Lyn Alden walks the reader through the emergence of new technologies that have shaped what we use as money over the ages. And beyond that, Alden explores the concept of what money is at its very foundation to give the reader a framework to analyze and compare different types of monetary technologies and monetary theories.The book also takes a distinctively human look at how money impacts the lives of real people, and how new monetary technologies shape the power structures within society.In the modern era, energy abundance and technological enhancements have broadly improved human well-being, but the global monetary system has been slow to keep up. There are over 160 active currencies in the world, each with a local monopoly over its own country, and with little or no acceptance elsewhere. Many of them are rapidly diluted, which continually devalues the savings and the wages of the billions of people who live and work within those jurisdictions. Being born in the "wrong" country makes saving money far harder than it needs to be.Nigeria has a population of over 200 million people and has averaged 13% annualized inflation over the past decade. Egypt cut its currency in half relative to the dollar twice over the past decade, which instantly devalued the savings and wages of its 100 million citizens. Dozens of countries have experienced at least triple-digit year-over-year inflation within the past four decades, including Brazil that outright hyperinflated in the 1990s while it was the fifth most populous country in the world.Europe and Japan had $18 trillion worth of negative-yielding bonds in 2019, right before a wave of inflation wiped their purchasing power away. In 2021, the chairman of the U.S. Federal Reserve dismissed the idea that the sharp rise in the money supply from the pandemic stimulus would lead to price inflation. By 2022, as major inflation emerged, the chairman rapidly changed his outlook and tightened monetary policy so quickly that it led to the failure of some of the largest banks in the country.How did we get to this point? Why isn't our money better than this in the 21st century? Broken Money answers these questions by examining the current mix of technology that has led to these limitations, and then explores emerging technologies that may be able to provide us with a monetary system that is fit for the modern era.
Bazooka Har-de-har
This app is a game-changer for busy individuals who miss reading. Sharing audiobooks through AirDrop is a fun and convenient way to share the magic of storytelling with friends and family, sparking meaningful discussions. Adjusting the narrator's voice tone is a fantastic feature. It adds a personal touch.
Dora the Destroyer
I'm amazed at how this app has turned my errands into exciting reading sessions. ๐ Adding an extra layer of delight to cooking โ this app turns meal prep into a culinary adventure with its audiobooks! ๐ฒ๐ The equalizer is a great addition. It really enhances the audio quality.
Good-lookinโ
The audio filters on ListenBook enhance the sound quality, making every listening session a treat for my ears. ListenBook's compatibility with multiple downloading methods ensures there's always a way to get my content.
Voodoo Queen
Audiobook enthusiasts, gather round! This app's remarkable features, including audio filters and compatibility, have transformed my commutes into captivating journeys. ๐๐ง The speed adjustment feature is my secret weapon for studying complex materials. ListenBook is my constant companion during workouts. The controls are so easy to use. Sharing audiobooks through AirDrop is a great way to spread the joy of storytelling with friends.
Stud muffin
This app has turned my long walks into delightful literary adventures. This app is a game-changer for anyone who's always on the go โ it's like carrying a library in my pocket. Noise reduction and voice tone adjustment are simply amazing. What a fantastic listening experience! The narrator brought the characters to life with distinct voices and emotional depth. The pacing was perfect - not too fast to lose details, not too slow to become boring. I particularly appreciated how well the narrator conveyed the atmosphere of key scenes.
German Coach
The range of supported formats is impressive. No more converting files! Finally, an app that handles all my audiobook formats effortlessly. ListenBook is a must-have! The app is very user-friendly. ListenBook makes listening to audiobooks a breeze.
Frosty Sunshine
The ListenBook app is a fantastic companion for my long walks, helping me learn and explore at the same time. ListenBookโs audio quality is excellent. The app enhances my listening experience.
Metal Aphrodite
This app is my secret weapon for staying entertained during mundane tasks. ๐ Transforming my mundane routine into a captivating journey โ thank you, this app! โจ๐ Drag and drop downloads are genius. It simplifies the entire process. ListenBook has become an essential part of my daily routine. It's like having a library on my phone! The audio filters make a noticeable difference. ListenBook provides an excellent listening experience.
Married Man
ListenBook is a true audio treasure! It turns my own audio files into immersive listening experiences. Audiobook multitasking made easy โ this app's functionality is a marvel.
Feline Devil
ListenBook has added a new dimension to my audiobook listening experience โ it's not just about the content, but the convenience too. ListenBook has turned my downtime into an opportunity for exploration and growth. Audiobook joy made simple โ this app's ease of use is a true marvel. Adjusting the tone of the voice is an innovative feature that enhances the immersion in the content. Makes audiobook listening super easy and enjoyable. Thanks, ListenBook!
Purity Catnip
ListenBook's integration with AirDrop and sharing options makes it simple to spread the joy of storytelling. ListenBook has revolutionized my audiobook enjoyment. It's an essential part of my daily routine. ListenBook has elevated my audiobook experience to new heights. It's a treasure trove of knowledge. Downloading over WiFi is quick and efficient. Saves a lot of time.
LyRz
ListenBook's dedication to enhancing the audiobook experience has made it my preferred app for listening to content on the go. I can't imagine my audiobook routine without ListenBook's seamless audio player. This app has helped me achieve my reading goals and explore new genres effortlessly. The audio filters make a noticeable difference. ListenBook provides an excellent listening experience.
MysticMingle
ListenBook's compatibility with a wide range of audio formats ensures that no audiobook is off-limits. ListenBook's compatibility with CarPlay is a huge plus during long drives. CUE playlist support is a fantastic feature that allows me to create curated listening experiences for different moods and settings. Fairly enjoyable, but forgettable. I didnโt have any major complaints, but I also donโt see myself revisiting this one. It was a decent way to spend a few hours, though. It was fine. The narrator did an adequate job but nothing about the performance particularly stood out to me. Got me through my commute though.
Spellbinder
The absence of synchronization requirements on ListenBook is a breath of fresh air. ๐ถ๐ Replacing tunes with stories โ my house is alive with the sound of narration! ๐ง๐ Adjusting the tone of the voice is a unique and fun feature. I can customize the narration to my liking. ListenBook has streamlined my audiobook experience. It's a must-have app for enthusiasts.
Washer
This app has made my commutes and long drives a source of joy and learning. This app has transformed my daily routine into moments of literary delight. This app's ease of use has made reading an integral part of my everyday life. Excellent support for various audio formats. Very satisfied. Makes listening to audiobooks easy and enjoyable. Thank you, ListenBook!
Delicious Wing
Audiobooks have become my go-to gift for friends โ and they all love it! ListenBook's support for playlists in CUE format is a thoughtful touch I appreciate. Drag and drop downloads are so convenient. No more messing around with complicated steps. Tone adjustment is a thoughtful addition that adds a personal touch to the audiobook narration. It's like having a narrator tailor their voice to my preferences. Perfect for repeat listening! The narrator's performance was so rich with detail that I'm sure I'll discover new layers on a second listen. Their interpretation felt authentic to the material while bringing fresh insights. The audio production was pristine from start to finish.
Chameleon
This app has ignited my passion for reading once again โ but in a modern, convenient way. The sleek design and easy navigation are visually pleasing and user-friendly. I can't imagine my daily rituals without this app โ it's a constant source of joy. With this app, my daily routines have become moments of intellectual exploration and personal growth.
Abyss Tamer
Organization made easy! This app's efficient management of my audiobook collection ensures I'm always engrossed in a captivating tale. ๐๐ฑ Iโve been using ListenBook for months, and itโs been a fantastic experience. The app is lightweight, doesnโt drain my battery, and works perfectly in the background. The equalizer and voice boost features are amazing. Highly recommend!
Sweet Bacon
Precise controls on ListenBook give me complete command over my audio playback. I'm in awe of how this app has brought new dimensions to my reading experience.
Pigeon Woman
ListenBook's support for various formats means I can explore a wide range of content without limitations. ListenBook's attention to detail is commendable. Every aspect of the app is well-crafted.
Playing a wide variety of audio formats
Works on all devices with iOS 13 and newer
Huge amount of features for a small price
Frequent updates to add new features and improve existing ones
Advanced playback controls
Live sound processing
Changing the timbre of the reader's voice and noise reduction
Translated into more than 20 languages
If you love listening to fiction audiobooks, ListenBook has features to make the process easier.
Edit book data: title, author, cover
Use equalizer to make the sound comfortable for you
Adjust the playback speed
Enjoy dark and light app themes
Supported formats: MP3, M4B, AWB, FLAC, OGG audio files and many more (must be DRM free)
Auto-Bookmarks make it easy to find your place
AirPlay support allows redirection of audio output.
VoiceOver support
Dark mode for night owls
Convenient bookmarking system helps you mark the most important places.
Unlimited bookmarks for each audiobook
Put your own cover on the wager
Share your audiobook with friends
Lock-screen control
Customise app with extensive options
Sleep timer with shake to reset, set custom notification sounds, and a few unique options
Auto rewind depending on paused time, customize rewind times to your liking
Removing background noise from recordings made in classrooms and meetings
Changing the timbre of the reader's voice for a better listening experience