Summary of Lyn Alden's Broken Money

Milkyway Media

Milkyway Media · AI-narrated by Mary (from Google)

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Technological advancements have boosted human well-being, but the global monetary system has lagged behind. Broken Money (2023) is a comprehensive exploration of the global financial system, tracing the evolution of money from ancient times to the digital era. Investment researcher Lyn Alden critiques the current system with its opaque monetary policies that continually devalue the savings and the wages of billions of people. She discusses the system’s failures and offers potential solutions, particularly decentralized digital currencies such as Bitcoin, which empower individuals and promote transparency.