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.
Sleek Assassin
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Grinch Cheese
As a language enthusiast, this app has been a fantastic tool for learning new languages. ListenBook's user-friendly audio filters and controls have made my audiobook sessions more interactive and engaging. I can't believe how much I've learned and enjoyed through this app's audiobooks. ListenBook has breathed new life into my audiobook collection. I can't imagine using anything else. ListenBook has seamlessly integrated into my daily routine, becoming an indispensable companion for various activities. Its user-friendly interface, features, and performance make it a must-have for audiobook enthusiasts.
Scare Stone
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Senior Smurf
Audiobooks have become my constant companions, and this app's seamless functionality and broad compatibility ensure every story is a captivating ride. ππ§ Sharing audiobooks through AirDrop is a wonderful way to spread the joy of storytelling. Binaural audio processing reduces fatigue during long listening sessions. A fantastic feature! Sharing audiobooks with friends through AirDrop is a creative way to share the love of literature. I love how ListenBook makes it easy to organize my audiobook library. The app supports all formats, and the import process is a breeze. The playback controls are responsive, and the sound quality is excellent. Highly recommend!
MysticMingle
I can't imagine my life without this app β it's my daily dose of literary magic. Sharing audiobooks with friends is a thoughtful gesture that ListenBook makes seamless. Adjusting the tone of the voice is a game-changer. It's like customizing my listening experience. I appreciate the statistics feature. ListenBook helps me track my listening habits.
Bambi Wings
ListenBook has enriched my life with a diverse range of content, all at my fingertips. ListenBook's audio filters are a valuable tool for customizing my audiobook playback to perfection. ListenBookβs design is sleek and modern. The app is a pleasure to use. This audiobook performed its function without excelling. The narrator's delivery was straightforward and easy to follow, though lacking in dramatic flair. The recording quality was decent with only occasional minor inconsistencies in volume. An acceptable but forgettable listening experience.
FRMhndshk
πΆπ The harmony between simplicity and functionality in this app is truly impressive. Audiobooks have never sounded this good! π΅π§ Audiobooks on demand? Yes, please! With this app's diverse format support and easy downloads, my reading routine has reached new heights. ππ ListenBook's controls for looping and shuffling playback have made studying and revisiting content a breeze. The statistics tracking feature is a gem. I'm surprised by how much time I spend on audiobooks! Looping playback is a brilliant study tool. Thanks to ListenBook, my learning has improved!
Slinger
ListenBook is a game-changer β it plays a wide variety of formats without any conversion needed. Adjusting the tone of the narrator's voice adds a layer of personalization that I never knew I needed. An unobjectionable but unexceptional audiobook experience. The narrator's performance was serviceable and the audio quality was fine, but nothing about the production particularly stood out or elevated the material. It was decent background listening.
Pepper
Changing the tone of the sound on ListenBook Pro is a unique feature that adds a personal touch to my listening. Looping playback is a fantastic study tool. It helps me focus and retain information effectively.
LifeRobber
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Street Squirrel
Listening to audiobooks while gardening has made my outdoor time even more relaxing. With this app, my daily routines have become moments of intellectual discovery and personal fulfillment. This app is a game-changer for audiobook enthusiasts. The interface is intuitive, and the playback is seamless! I'm amazed by the app's versatility in downloading audio. It accommodates various sources seamlessly. 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.
Earl of Arms
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Jetta Talent
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MythMaker
The diverse selection of audiobooks has made me fall in love with storytelling all over again. ListenBook's customizable features, from playback speed to audio filters, cater to every audiobook lover's preferences. ListenBook's user-friendly controls and innovative features have made it an essential tool for my audiobook enjoyment. The app is perfect for people who love to multitask. I can listen while cooking.
MindfulMingle
The compatibility with CarPlay and Apple Watch sets ListenBook apart from the rest. 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 game-changer. It enhances the audio quality and ensures that I can immerse myself fully in the content.
Atlantic Rim
ListenBook's seamless integration with CarPlay enhances my daily commute, making it a productive and enjoyable experience. Listening to audiobooks on this app has become my favorite way to relax. I'm so grateful for this app β it's like having a personal storyteller wherever I go. No more fussing with synchronization β this app just gets it done! Perfect for listening to lectures and speeches. Highly useful app.
Scrapple
The ability to switch between different books effortlessly is a major plus. Audiobook enthusiasts, gather around! This app's exceptional features, from audio filters to robust support, have transformed my daily routines into storytelling moments. ππ§
Kazmii
This app has brought the magic of books back into my life. π The simplicity and functionality of this app are top-notch. I can start a book with just a tap and immerse myself in the story instantly. π±π Audiobook magic at my fingertips! This app's comprehensive offerings, from statistics tracking to immersive audio processing, have breathed new life into my reading. πβ¨ Looping playback is my favorite study tool. It's a game-changer for mastering challenging content. Looping playback helps me immerse myself in the content. It's my secret study weapon.
Gas Man
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The Belgian
Sharing audiobooks with friends through AirDrop is such a fun way to spread joy. Automated artwork and metadata retrieval add a professional touch to my carefully curated audiobook collection.
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