Broken Money

Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better

Title: Broken Money
Author: Lyn Alden
Publisher: Timestamp Press
Languageā€: English
Paperback: 538 pages
Formats: pdf, mobi, epub, ebook, kindle, awz, azw3

Review of Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better

"Broken Money" delves into the intricate relationship between money and technology throughout history, offering readers a comprehensive understanding of how monetary systems have evolved over time and how technological advancements have shaped the way we view and use money today.

Author Lyn Alden takes readers on a journey through the ages, from ancient forms of currency like shells and gold to modern innovations like cryptocurrencies and digital payment systems. Through a careful exploration of historical events, technological breakthroughs, and economic theories, Alden seeks to provide readers with a deep understanding of the foundational concepts of money and its role in society.

The book not only covers the theoretical aspects of money but also examines its practical implications for individuals and societies. Alden emphasizes the power dynamics and societal impact that different monetary systems can have, shedding light on how money can shape social structures and influence people's lives.

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One of the key arguments of "Broken Money" is that the current global monetary system is inadequate and outdated, particularly in the face of technological advancements and the interconnectedness of the modern world. The book highlights the challenges posed by numerous local currencies and the potential devaluation of savings and wages due to inflation. Alden presents a critical analysis of the shortcomings of the existing monetary system and suggests that emerging technologies have the potential to revolutionize it for the better.

By examining the past, present, and potential future of money, "Broken Money" invites readers to reflect on the nature of currency, its impact on societies, and the possibilities for more efficient and equitable monetary systems in the digital age.

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