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.
NecroBull
The minimalist interface and intuitive settings make for an amazing user experience. ListenBook’s playback is silky-smooth. The app is packed with useful features.
Take Away
The narrators have a way of bringing characters to life – it's a unique experience. Adjustable playback speed is a fantastic feature. It allows me to customize my listening experience. The app is perfect for people who love to listen to books at night.
Bambi Wings
The ListenBook app has become an indispensable part of my daily routine, helping me learn and relax simultaneously. ListenBook's features make it the ultimate audio companion for any audiobook enthusiast. This app has made audiobook listening an integral part of my daily routine – it's a habit I cherish.
Trixie Doodle
I've been recommending this app to all my friends – it's a true game-changer. This app's compatibility with different formats ensures that I never miss out on a great audiobook. Sharing audiobooks with friends through AirDrop is a fun way to spread the joy. The app's attention to detail is commendable. It's evident in every feature.
Slug-em-dog
This app has made my road trips and flights infinitely more enjoyable. With ListenBook, my iPhone and iPad have become a gateway to a world of captivating stories. Unlocking a world of literary wonders – this app's extensive format support and user-centric approach have rekindled my love for books. 📱🔊 Smooth playback and great sound quality. ListenBook is my new favorite app! The app is perfect for people with busy schedules. I can listen on the go.
Tse Tse Guy
The convenience of switching between devices without losing my place is a lifesaver. Sharing audiobooks with friends through AirDrop and Sharing on ListenBook Pro is fantastic. Say goodbye to monotony – this app's diverse format support and intuitive controls have turned my daily activities into thrilling audiobook adventures. 📱🔊 Kudos to the developers for making this app iOS 16 optimized. It runs like a dream! Sharing audiobooks with friends through AirDrop is a fun and interactive way to bond over stories.
Little Cobra
I'm blown away by how this app has revolutionized my reading experience. The noise reduction feature is a game-changer for clearer dictaphone recordings.
21st Street
This app is a game-changer for anyone who's always on the go – it's like carrying a library in my pocket. With this app, my daily routines have become moments of intellectual discovery and personal fulfillment. 🎧 This app is my saving grace! Now I can enjoy my beloved books while cooking up a storm! 📚🍳 This was an adequate audiobook for casual listening. The narrator maintained a consistent pace and clear diction throughout, though their performance lacked some emotional range. The audio quality was fine with no significant technical distractions.
Sylvester Eye
ListenBook's variety of ways to download audio makes it incredibly convenient. With this app, my daily routines have become moments of intellectual discovery and personal fulfillment.
9Lives
Background play feature lets me multitask while enjoying a book – brilliant! This app has brought storytelling into every corner of my life – it's incredible. 🎉 Unveiling the joy of reading once again – this app is my gateway to literary wonders! 📚🔓
Double Eerie
With ListenBook, I've found a convenient and enjoyable way to engage with audiobooks and educational content. Listening to audiobooks has become a ritual, thanks to this incredible app. I'm hooked on this app's effortless downloading process – I can have my favorite audiobooks in seconds. This app's sleek design and intuitive features make it my trusted partner in exploring new narratives. ListenBook Pro's noise reduction feature has transformed the audio quality. It's crystal clear now.
Achilles Mountain
Gone are the days of fumbling with different formats – this app's comprehensive support ensures I can enjoy any audiobook without a hitch. 🎉🔊 ListenBook’s audio quality is excellent. The app enhances my listening experience.
180
The bookmark feature is a lifesaver – no more losing my place in the story! I'm amazed at how immersive the experience is – it's like being inside the story. I can now explore books beyond my preferred genre, broadening my reading horizons. Discovering new literary worlds has never been this easy. This app's compatibility with various formats ensures that my audiobook library is at my fingertips. 📚🔊 The app's attention to detail is commendable. It's evident in every feature.
ChatterChampion
The ListenBook app is a must-have for anyone who loves to learn and be entertained through audiobooks. I love how ListenBook caters to various formats, making it versatile and accommodating for all my audiobooks. 🎧 Navigating through narratives has never been simpler – this app's functionality enhances my audiobook journey. 📚💫 Seamless audiobook integration – this app's functionality is truly remarkable. Looping playback has taken my language learning to new heights. Highly recommended!
RetroMirage
ListenBook's chapters, controls, and filters have taken my audiobook journey to new heights. 🎧 Elevating my reading experience – this app's intuitive controls and organization features make audiobook enjoyment effortless. 📱📖 Quick access to chapters is so handy. Navigating through content is a breeze. This app is perfect for anyone who loves audiobooks. The interface is sleek and modern, and the playback controls are super responsive. I also appreciate the cloud integration, which lets me access my books from anywhere. Great work! This was my first audiobook in this genre and I'm hooked! The performance brought the story to life in a way reading never could. Already downloaded another by the same narrator.
Delirium
ListenBook is my daily companion, turning mundane tasks into exciting audio adventures. ListenBook has completely transformed how I enjoy audiobooks. The chapter navigation is seamless, and the statistics feature is a fun way to track my listening progress. The app is stable, fast, and incredibly user-friendly. Five stars!
Roadspike
ListenBook's support for playlists in CUE format is a detail-oriented touch I truly appreciate. The app's compatibility with CarPlay is a dream for road trips. It keeps me entertained. The ability to play various audio formats without conversion is amazing. ListenBook is top-notch. ListenBook’s playback is silky-smooth. The app never glitches.
Cuff Queen
ListenBook's smooth playback and easy navigation ensure that my audiobook experience is always top-notch. I'm amazed at how this app has turned my errands into exciting reading sessions. 🌌 Igniting my imagination while preparing dinner – this app adds flavor to every meal! 🍲📖 Audiobook immersion simplified – this app's ease of use is a true asset.
1st Degree
I'm absolutely in love with this app! It's like a library of stories in my pocket. I love that I can switch between fiction and non-fiction effortlessly. I'm on a literary adventure wherever I go, all thanks to this app. Its extensive format support and effortless navigation make audiobook listening a breeze. 🌟📚 The ability to download audiobooks directly is fantastic. ListenBook is very convenient.
Granola Dove
ListenBook's audiobook player is a true workhorse – chapters, controls, and filters are all seamlessly integrated. This app's user-friendly interface has made reading on-the-go a breeze. I'm amazed at how this app has made reading such a natural part of my day. Savoring audiobooks without fuss – this app's design is impressive. This audiobook transformed my household chores into enjoyable moments! The narrator's lively yet measured delivery kept me engaged throughout. I particularly appreciated how they handled exposition - making potentially dry information interesting through thoughtful inflection and pacing.
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