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.
StorySculptor
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Bug Blitz
As a language learner, this app has been invaluable in improving my listening skills. Changing the tone of the sound on ListenBook Pro is a fun way to customize my listening experience. ListenBook's support for playlists in CUE format is a thoughtful touch I appreciate. ListenBook's noise reduction feature in the Pro version is a game-changer. I can now focus on the story even in noisy environments.
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Little Drunk Girl
The ease of downloading content via WiFi, WebDAV, and more has made ListenBook my audiobook hub. This app's compatibility with different formats ensures that I never miss out on a great audiobook. ๐ Adding an extra layer of delight to cooking โ this app turns meal prep into a culinary adventure with its audiobooks! ๐ฒ๐ The audio filters make a noticeable difference. ListenBook provides an excellent listening experience.
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ForumFlare
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Juno Cream
ListenBook's commitment to excellence shines through in its user-friendly interface and smooth playback. Finally, an app that values usability โ navigating and listening is a breeze! Adjusting the tone of the voice adds a unique touch to my listening experience. I love the personalization! Bookmarks are a fantastic organizational tool. They help me keep track of important moments in my audiobooks.
HOV
I can't believe how easy it is to discover new titles and genres. Pure delight! The app's intuitive design makes it easy to find and listen to my favorite authors. The tone adjustment feature is an exciting touch, allowing me to immerse myself even more in the content. ListenBookโs support for Apple Watch is a great touch. I can control my audiobooks on the go.
Solo Kill
This app has made my commutes and long drives a source of joy and learning. With this app, I can enjoy my favorite stories while traveling, making my journeys more delightful.
Drugstore Cowboy
Every moment is a chance to dive into a new adventure with this app. Its smart controls and comprehensive format support ensure that my audiobook journey is a seamless one. ๐๐ง Quick access to chapters is so handy. Navigating through content is a breeze. ListenBook has become an essential part of my routine. It's more than an app โ it's a companion.
Fuzzy Rainbow
Say goodbye to monotony โ this app's diverse format support and intuitive controls have turned my daily activities into thrilling audiobook adventures. ๐ฑ๐ ListenBook has made my daily walks so much more enjoyable. I'm always learning now! The automatic extraction of artwork and metadata adds a professional touch to my audiobook collection. ListenBookโs audio quality is excellent. The app enhances my listening experience. 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.
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Athena Star
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Microwave
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Divine Bramble
ListenBook's focus on quality and user experience has made it my go-to app for audiobooks and educational content. The speed adjustment feature is my secret weapon for studying complex materials. A masterclass in audiobook narration! The performer maintained perfect consistency in character voices throughout while keeping the main narration clear and engaging. The production was flawless - no weird edits or background noise. I'll be seeking out more works by this narrator.
Congo Wire
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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