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.
Gamer Bean
I'm absolutely in love with this app! It's like a library of stories in my pocket. Changing the tone of the sound on ListenBook Pro is a unique feature that adds a personal touch to my listening. Adjusting the tone of the voice is a creative feature. It allows for a unique and personalized experience.
Combo Saw
ListenBook's extensive statistics feature adds a new level of insight to my audiobook habits. Effortlessly managing my audiobook library – this app's design is a triumph. I can't believe how easy it is to download audio from various sources. So convenient! Sharing audiobooks through AirDrop is a great way to spread the joy of storytelling with friends. I love how I can adjust the skip intervals. It’s perfect for my listening style.
Kamikaze Granny
This app is my secret weapon for staying entertained during mundane tasks. This app has made long flights and road trips so much more enjoyable. Audiobook lovers, meet your new best friend! This app's smooth playback and easy organization have transformed my reading experience. 🎉🎧 This served its purpose as background listening while I worked. I probably missed some details but the narrator's voice was pleasant enough.
Rusty Vortex
I'm amazed at how effortlessly I can immerse myself in stories with this app. This app's convenience has made reading a priority in my busy schedule. Looping playback helps me retain knowledge from audiobooks effectively. It's an invaluable tool. ListenBook has become an essential part of my daily routine. It's like having a library on my phone!
Preach Man
This app has made my daily routines more meaningful and enjoyable. This app's convenience has made reading a consistent part of my life. Audiobook enthusiasts, rejoice! This app's elegant design and robust functionality make it a must-have for anyone who loves to listen on the go. 🎧📱 The app's performance is exceptional, ensuring a smooth and uninterrupted audiobook experience. It's clear that it's designed with audiobook enthusiasts in mind. I love how I can adjust the skip intervals. It’s perfect for my listening style.
FlyGuardX
I'm addicted to this app's seamless integration with my daily routines and activities. Bookmarks are a lifesaver for study materials. I never lose my place again.
Kazami of Truth
Mood-based playlists help me choose books that suit my current state of mind. Audiobooks have become my favorite workout companions, making exercise a breeze. The app's support for multiple formats is flawless. Very satisfied. 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! This audiobook was a fantastic listen! The narrator's voice was clear and engaging, making it easy to follow along. The pacing was just right—not too fast, not too slow. Perfect for long commutes or relaxing at home. Highly recommend!
Rink Ruler
ListenBook is like a personal audiobook library in my pocket. Organized and easily accessible. 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.
Hidden Tree
Changing the tone of the sound on ListenBook Pro is a unique feature that adds a personal touch to my listening. This app's compatibility with different devices ensures that I can enjoy my audiobooks anywhere, anytime. I love the chapter navigation feature. ListenBook makes it easy to find specific sections.
Helmet Destroyer
I'm able to catch up on my reading list even during the busiest days. With this app, I can dive into captivating narratives while cooking, cleaning, or commuting – pure magic! ListenBook has made my daily commutes enjoyable. No more boredom! Supports a wide range of formats flawlessly. Very happy with it.
RetroMirage
This app is a treasure trove of knowledge, entertainment, and imagination. With this app, I've discovered the joy of learning while I'm on the move – it's like having a tutor by my side. The app is so well-designed. It’s clear the developers put a lot of thought into it. Fairly enjoyable, but forgettable. I didn’t have any major complaints, but I also don’t see myself revisiting this one. It was a decent way to spend a few hours, though.
Hella Fella
ListenBook's support for CarPlay and Apple Watch integration has made my daily activities more seamless and convenient. Audiobooks have become a cherished part of my daily life, all thanks to this app. ListenBook's chapters, controls, and filters have taken my audiobook journey to new heights. I'm hooked on this app's seamless performance – it's like having a personal audiobook curator.
Saber-RED
The customer support team is responsive and always ready to assist. ListenBook's support for playlists in CUE format is a thoughtful touch I appreciate. The auto-rewind feature is a thoughtful addition that enhances my listening journey. I appreciate it! The perfect balance between dramatic reading and natural storytelling. Felt like a friend telling me an amazing story rather than someone just reading words.
VileHero
Every moment is a chance to explore new stories with this app. Its intuitive features and compatibility ensure my audiobook journey is seamless. 🌌🎧 I can't believe how seamless the integration with Apple Watch is. My workouts just got better. Binaural audio processing reduces listening fatigue. Fantastic feature!
K-Tin Man
The sheer variety of genres available ensures there's something for everyone. The statistics tracking feature is eye-opening. I never realized how much time I spend on audiobooks until now! Navigating through chapters is a breeze. I can easily jump to the parts I want to listen to.
Blade
This app's user-friendly design makes navigating through books a breeze. Makes audiobook listening super easy and enjoyable. Thank you! I love the ability to share my progress with friends. It’s a fun feature. I love the ability to change the playback pitch. It’s a unique feature. ListenBook is the ultimate audiobook player. The app supports all formats, and the import process is seamless. I love the playback history feature—it’s so easy to revisit my favorite parts. Highly recommend this app!
Rope
No more worries about compatibility – ListenBook handles numerous formats flawlessly. Elegant design and easy-to-navigate interface. Very pleased with ListenBook.
Maple Destroyer
ListenBook has made my audiobook journey effortless, turning every moment into an escape. I'm amazed at how this app has made my daily routines more enjoyable and intellectually stimulating. This app's ease of use has made my downtime more enriching and enjoyable. 📚 Embracing reading in the digital age – this app makes accessing books a seamless and enjoyable experience. 📱🎉 ListenBook Pro's noise reduction is a lifesaver. I can hear clearly even in noisy environments.
Ship Whip
I'm hooked on ListenBook's silky-smooth playback, making my audio sessions truly enjoyable. The layout of ListenBook is so beautiful and user-friendly, making it a pleasure to use. The book groups feature is a thoughtful addition. It helps me keep my series and related titles together. Noise reduction and voice tone adjustment are simply amazing.
VPR
This app has transformed my long flights into productive and enjoyable experiences. With this app, I've discovered a new way to make my downtime more enriching and meaningful. 📱 My secret to staying well-read – this app ensures that I'm never without a book, no matter where I am! 📚📱 Supports extensive playlists and bookmarks. Very user-friendly.
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