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.
Dr. WMD
Audiobooks have turned road trips into unforgettable journeys of imagination. ListenBook's dedication to providing an exceptional listening experience shines through in every aspect of the app. ListenBook Pro's noise reduction feature enhances the audio quality to an impressive degree. Downloading over WiFi saves so much time. Very efficient. ListenBookβs playback speed control is very useful. I can listen at my own pace.
Sun Leo
I'm hooked on this app β it's my escape to different worlds and adventures. Noise reduction on ListenBook Pro is a revelation. It enhances the audio quality and makes listening comfortable. ListenBook Pro's noise reduction feature is a revelation. It eliminates distractions and enhances the clarity of recordings, resulting in a more immersive experience.
Spunky Comet
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New Magoo
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FRMhndshk
With ListenBook, I can explore new genres, learn new topics, and enjoy classic literature with ease. π§ Carrying a world of literature in my headphones β this app's convenience is truly remarkable. ππ«
Pistol Hydro
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Flash Protein
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Con Mammoth
Audiobooks have never been this accessible β this app is a true innovation. This app's user-friendly layout and quick access to controls have made audiobook listening a breeze. Navigating audiobooks seamlessly β this app's design is top-notch. Revolutionizing the way I enjoy stories β this app's seamless playback and intuitive controls make it a must-have for every book enthusiast. π±π§ I love the ability to change the background color. Itβs a nice touch.
Twisty Freesia
ListenBook's dedication to delivering top-notch audio quality is evident in every detail. This app's convenience has turned my daily chores into moments of intellectual discovery β a win-win! Tone adjustment is such an innovative feature. It adds a personal touch to narration. ListenBook has become my workout buddy. It keeps me entertained and motivated during exercise. This app is a must-have for anyone who loves audiobooks. The interface is intuitive, and the app supports all formats. I love the auto-bookmark featureβit saves my place automatically, so I never lose track. Highly recommend!
Carrot Joker
I love the ability to change the playback pitch. Itβs a unique feature. An acceptable audiobook that met basic expectations. No complaints about quality but nothing remarkable either. Would listen to this narrator again but wouldn't seek them out.
Night Train
ListenBook Pro's noise reduction feature enhances the audio quality to an impressive degree. The app is perfect for people who love to read but donβt have the time.
RDTN
Chapters make it so easy to pick up where I left off. No more hunting around. Sharing audiobooks with friends through AirDrop is a fun and interactive way to connect. ListenBook Pro's noise reduction feature is a game-changer for improving audio quality and clarity. The app is very easy to use. ListenBook makes managing my audiobook library simple.
Little Cobra
With ListenBook, I can listen to my favorite audiobooks and speeches with maximum comfort and convenience. I love how this app makes even the most mundane tasks exciting with audio stories.
Round Kick Boomer
Now I can enjoy my favorite books anytime, even during workouts. No more hassle with formats β this app ensures my audiobook adventures are smooth, and my favorite tales are just a tap away. Highly recommended! ππ§ Automatic metadata retrieval is a neat touch. My library is well-organized. ListenBook has united my love for audiobooks with my passion for learning. What a brilliant app!
Engine Eye
This app has made me appreciate the art of storytelling even more. This app has reignited my love for literature and made it a part of my everyday life.
Crossing Guard
ListenBook's user-friendly audio filters and controls have made my audiobook sessions more interactive and engaging. With this app, I can devour books like never before β it's incredibly efficient. Navigating through my audiobook collection is a breeze β this app's intuitive interface and convenient controls have made my reading journey effortless. π±π Sharing audiobooks with friends through AirDrop is a creative way to share the love of literature. A reasonable choice for casual listening. The audiobook was well-produced, but the pacing felt uneven in places. I didnβt dislike it, but I also didnβt feel strongly about it one way or another.
Rummy Stickers
ListenBook's dedication to delivering top-notch audio quality is evident in every detail. I love how this app's chapters, bookmarks, and controls give me full control over my audiobook journey. ListenBookβs CarPlay support makes listening in the car a seamless experience.
ThoughtTracer
ListenBook has taken my audio content to new heights, making every moment more meaningful. πΆπ Replacing melodies with literary symphonies β my ears are in love! π΅π ListenBook has seamlessly integrated into my daily routine, enhancing my workouts, commutes, and moments of relaxation. It's a true companion.
Prof. Screw
π This app is a game-changer β its intuitive design and seamless functionality make listening to audiobooks a joy. ππ§ ListenBookβs audio quality is excellent. The app enhances my listening experience. The app is so reliable. Iβve never had any issues with it. A functional audiobook production that met basic requirements. The narrator's voice was pleasant enough to listen to for extended periods, though their performance didn't add much interpretation to the text. The audio engineering was competent without being remarkable.
Delicious
I can't get enough of the celebrity narrators β they add a unique charm to each book. ListenBook's commitment to excellence shines through in its powerful features and seamless performance. Configurable auto-rewind is genius. No more confusion when I pause and resume. Adjusting the tone of the narrator's voice is a unique feature that adds a personal touch.
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