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.
Mauve Cactus
ListenBook's extensive library and user-friendly interface have made it my go-to app. This app's convenience has turned my daily chores into moments of literary escape. The app's performance is unparalleled. It's like it's tailor-made for my device. ListenBook has broadened my horizons by introducing me to a diverse range of audiobooks. It's a gateway to endless knowledge, entertainment, and inspiration.
Silver Rose
This app has transformed my daily walks into exciting literary adventures. This app's convenience has transformed my reading habits β it's a game-changer. 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§ Adjusting the tone of the voice is a novel feature that allows for a personalized listening experience. The audio filters make a noticeable difference. ListenBook provides an excellent listening experience.
Swing Setter
This app's efficient downloading process ensures that I can enjoy my audiobooks whenever and wherever. ListenBook's drag-and-drop download feature streamlines the process of adding new content to my library. ListenBook is the best audiobook player Iβve ever used. The app is reliable, fast, and packed with features like customizable themes and playback speed. The sleep timer is a lifesaver for bedtime listening. Great job, developers!
Miss Lucky
With ListenBook, I've found a reliable and enjoyable way to listen to audiobooks and expand my knowledge. πΆ Swapping background music for the soothing voices of narrators β audiobooks have become my soundtrack for daily life. π΅π Automated artwork and metadata extraction make my library look organized and visually appealing.
Delicious Cupid
This app isn't just a tool, it's a wellspring of inspiration and positive vibes. This app's ease of use has made reading a seamless part of my daily routine. Automatic artwork and metadata extraction add a professional touch to my audiobook library. I love the ability to change the playback pitch. Itβs a unique feature.
Tart Voodoo
With this app, my daily routines have become moments of intellectual exploration and personal growth. With this app, every moment is an opportunity to dive into a new story. ListenBook has become my ultimate audiobook companion. It enhances every listening session.
Find It Girl
This app has rekindled my passion for literature in a whole new way. Changing the tone of the sound on ListenBook Pro adds a personal touch to my experience. I can't get enough of this app's intuitive design β it's like a personal library right at my fingertips. ListenBook Pro is totally worth it. Unlimited audiobook length β I'm in! Listening statistics are a great motivator. Love this feature!
Gr8 Flick
ListenBook has transformed my mundane activities into enjoyable moments of learning and entertainment. The app is so easy to set up. I was listening to my books in no time.
Trash
ListenBook's powerful audio downloading features are a game-changer β I can have my audiobooks ready in no time. Listening to audiobooks has never been this convenient and enjoyable! ListenBook's versatility and user-friendly interface make it a must-have for audiobook lovers. The app is so easy to use. I was up and running in minutes.
Canine Hannibal
This app is a gift for anyone with a busy lifestyle β I can enjoy books while doing chores! Thanks to ListenBook, I'm now exploring different genres and formats I never thought I would. I love how this app turns even the dullest tasks into exciting storytelling moments. This app's user-friendly interface has made reading on-the-go a breeze.
Centurion Sherman
The controls on ListenBook are intuitive and user-friendly, making it a joy to navigate through my audiobooks. The ability to change playback speed and audio volume on ListenBook gives me full control over my listening experience. The narrators' voices on this app are so soothing β it's my relaxation therapy. Iβm so impressed with ListenBook. The app is reliable, fast, and packed with features like customizable themes and playback speed. The sleep timer is a lifesaver for bedtime listening. Highly recommend this app!
NecroBull
Thanks to ListenBook's automatic extraction of artwork and metadata, my library looks organized and appealing. Audiobook enthusiasts, gather around! This app's exceptional features, from audio filters to robust support, have transformed my daily routines into storytelling moments. ππ§ I'm blown away by the attention to detail in every aspect of this app. The intuitive chapter navigation and quick access to controls make my audiobook experience seamless. Chapters make navigation a breeze. I can easily pick up where I left off.
Silver Cup
Sharing audiobooks with friends through AirDrop and Sharing on ListenBook Pro is a fantastic way to spread the joy. This app's convenience has made reading a priority in my busy schedule.
Twisty Freesia
This app has turned my long walks into delightful literary adventures. With ListenBook, I can enjoy my audiobooks with enhanced sound quality and personalized settings. I'm amazed at how effortlessly this app has made reading a constant in my life. π± My pocket-sized library β this app makes reading accessible anytime, anywhere! ππ± The app is very easy to use. ListenBook makes managing my audiobook library simple.
Deano
ListenBook's compatibility with playlists and CUE files is a great addition for those who love organized listening. The ListenBook app has become an indispensable part of my daily routine, helping me learn and relax simultaneously. Makes audiobook listening super easy and enjoyable. Thank you! Good but not great. The narration was competent but lacked the extra spark that makes some audiobooks truly special. Still worth a listen though.
Little Cobra
The app's customization options allow me to tailor the listening experience to my liking. Audiobooks have become my go-to entertainment, and this app is the reason. ListenBook's customizable audio filters are a game-changer for tailoring my audiobook playback.
Dancing Madman
With this app, reading is no longer a task β it's a delightful habit. ListenBook has redefined my audiobook experience. It's an essential tool that enhances every listening session.
Ladysmith
With this app, I can dive into captivating narratives while cooking, cleaning, or commuting β pure magic! πΌ Workday blues? Not anymore β this app turns my office hours into reading time! π»π
IceDog
ListenBook Pro takes my experience to the next level. Unlimited audiobook length, noise reduction, and voice tone adjustment? Count me in! ListenBook is the best audiobook player Iβve ever used. The app is packed with features like customizable skip intervals, playback speed, and sleep timers. The interface is clean and easy to navigate, making it a joy to use. Five stars!
Boost Princess
The features on this app, from bookmarks to playback speed, cater to all preferences. The app's support for multiple formats is flawless. Very satisfied.
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