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

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

Lyn Alden • 2023
financeregulationdeep-dive
Abstract

Broken Money delves into the evolution of money, emphasizing the pivotal role of technology over politics in shaping monetary systems. Lyn Alden guides readers through the historical progression of money, from primitive forms like shells to modern innovations such as Bitcoin, while providing a foundational understanding of what money truly represents. The book highlights the human impact of monetary systems, illustrating how new technologies influence societal power dynamics. Alden critiques the current global monetary landscape, marked by over 160 currencies and rampant inflation in various countries, which undermines savings and wages. She questions why the monetary system remains inadequate in the 21st century and explores emerging technologies that could revolutionize it. Ultimately, Broken Money aims to equip readers with the knowledge to analyze and compare different monetary technologies and theories, fostering a deeper comprehension of money's past, present, and future.

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