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Broken Money

Why Our Financial System Is Failing Us and How We Can Make It Better

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Broken Money

Written by: Lyn Alden
Narrated by: Guy Swann
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About this listen

Broken 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 listener 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 listener 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 listener 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.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2023 Lyn Alden (P)2023 Lyn Alden Banks & Banking Economics Security & Encryption

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Profile image for Pras Acharya

The evolution of money and its likely future form

Superb detailed historical account of the evolution of money. Money as a ledger. Money as seen by opposing view camps. And through that a comprehensive definition of money. A thorough analysis of money migrating from gold to fiat currencies. And the emergence of Bitcoin. It also gives a very thorough understanding of the technology behind bitcoin, POW vs POS, bitcoin energy usage, steel man arguments for bitcoin critics and lots more info packed all together in a cohesive narrative. Throughly enjoyable, and truly eye opening, even for someone steeped in Austrian economics and bitcoin.

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