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Broken Money by Lyn Alden
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Binding: Paperback
Language: English
ISBN-13: 979-8988666318
Reader’s Age: Adults 18+ (Suitable for Young Adults 16+)
Ships Within: 5–10 Business Days
Author: Lyn Alden
Release Date: August 20, 2023
Genre: Business & Finance
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Broken Money by Lyn Alden: A Comprehensive Guide to Understanding the Past, Present, and Future of Money
About the Book
Broken Money explores the history of money through the lens of technology. 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. If you have ever wondered why your savings feel worth less every year, this book gives you the real answers.
About the Author
Lyn Alden has a background in engineering and finance and has authored both nonfiction and fiction books. In addition to her written work, Lyn is a general partner at the venture firm Ego Death Capital, and is an active investor, advisor, and board director in various technology startups. Her unique blend of technical and financial knowledge makes her one of the most respected voices in monetary analysis today.
Who Is This Book For?
This book is perfect for curious readers, investors, Bitcoin enthusiasts, and anyone who wants to understand why the current financial system feels unfair and what a better alternative could look like. Whether you are just starting your financial journey or you already follow markets closely, Broken Money will sharpen your thinking and change the way you see money forever.
Frequently Asked Questions (FAQs)
Q1: What is Broken Money by Lyn Alden about? Broken Money is a deep dive into the history and future of the global monetary system. Lyn Alden explains how money evolved from barter and gold to today’s fiat currencies, why the current system creates inflation and wealth inequality, and how technologies like Bitcoin could offer a fairer alternative for everyday people.
Q2: Is Broken Money a good book for beginners in finance? Yes, absolutely. Lyn Alden writes in a clear, easy-to-follow style that makes complex monetary concepts accessible to anyone. Whether you are new to investing or just curious about how money really works, this book breaks everything down in a way that is simple and engaging without dumbing things down.
Q3: Does Broken Money talk about Bitcoin and cryptocurrency? Yes. A significant portion of the book explores Bitcoin as a potential solution to the flaws in the current financial system. Lyn Alden presents a balanced view, discussing both the benefits of decentralized digital currency and the real challenges it still faces, such as volatility and adoption barriers.
Q4: Why should I read Broken Money if I am interested in financial independence? If financial independence is your goal, understanding money at a deeper level is the first step. Broken Money shows you exactly how inflation quietly erodes your wealth, why the system tends to favor the wealthy, and what smarter, alternative monetary tools exist. It is one of the most practical and eye-opening books you can read on the topic of money and long-term financial wellbeing.
| Weight | 750 g |
|---|---|
| Dimensions | 15.24 × 3.43 × 22.86 cm |
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. By chronicling the evolution and inherent weaknesses of money, Alden exposes the economic imbalances and systemic vulnerabilities that jeopardize global financial stability. The book details how the introduction of new currency into the economy by central banks disproportionately benefits major banks, large corporations, and politically connected groups, creating a growing wealth gap for everyday people. Alden also explores the long-term possibilities of Bitcoin and similar decentralized networks achieving widespread adoption, and how that shift could give individuals far greater control over their own financial lives.
