Download Mobi Money: The True Story of a Made-Up Thing By Jacob Goldstein
Download PDF Money: The True Story of a Made-Up Thing By Jacob Goldstein
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Ebook About The co-host of the popular NPR podcast Planet Money provides a well-researched, entertaining, somewhat irreverent look at how money is a made-up thing that has evolved over time to suit humanity's changing needs.Money only works because we all agree to believe in it. In Money, Jacob Goldstein shows how money is a useful fiction that has shaped societies for thousands of years, from the rise of coins in ancient Greece to the first stock market in Amsterdam to the emergence of shadow banking in the 21st century.At the heart of the story are the fringe thinkers and world leaders who reimagined money. Kublai Khan, the Mongol emperor, created paper money backed by nothing, centuries before it appeared in the west. John Law, a professional gambler and convicted murderer, brought modern money to France (and destroyed the country's economy). The cypherpunks, a group of radical libertarian computer programmers, paved the way for bitcoin.One thing they all realized: what counts as money (and what doesn't) is the result of choices we make, and those choices have a profound effect on who gets more stuff and who gets less, who gets to take risks when times are good, and who gets screwed when things go bad.Lively, accessible, and full of interesting details (like the 43-pound copper coins that 17th-century Swedes carried strapped to their backs), Money is the story of the choices that gave us money as we know it today.Book Money: The True Story of a Made-Up Thing Review :
The author has done a great job researching the history of money from the earliest of times through the most recent 2008 recession. It is even slightly updated for the 2020 pandemic bank runs. It is fascinating to learn the details of how money was used to replace a barter system. Later, prior to the civil war there was more than 8000 forms of money!The author really does a good job on those areas and in 2008 to detail out the creation and use of money. Further, the portrait that he paints on each participant brings forward a color imprint of the state of mind by the participants of that era. In discussing the recent ECB era missteps with Greece, one could get a good impression from the authors portrayals of those involved.It is surprising then that so much monetary history - over ten years worth - is quickly ignored by the author. Cryptocurrency, while new, has a great deal of depth. Today, every single pillar of a centralized monetary system has been replaced by a decentralized version. Further, the notion of trust in a person or institution has been replaced by a trustless algorithm. The depth of analysis present in the earlier chapters has been largely glossed over in the later chapters and it is disappointing.Still, as a primer on Fiat systems, it is a wonderful read and a warning to anyone who has money in a wallet or a bank. All history books should be written like this! While packed with well-researched information, it reads like a fast-moving series of fascinating human stories. It’s compelling, funny, surprising, and hard to put down. Highly recommend! Read Online Money: The True Story of a Made-Up Thing Download Money: The True Story of a Made-Up Thing Money: The True Story of a Made-Up Thing PDF Money: The True Story of a Made-Up Thing Mobi Free Reading Money: The True Story of a Made-Up Thing Download Free Pdf Money: The True Story of a Made-Up Thing PDF Online Money: The True Story of a Made-Up Thing Mobi Online Money: The True Story of a Made-Up Thing Reading Online Money: The True Story of a Made-Up Thing Read Online Jacob Goldstein Download Jacob Goldstein Jacob Goldstein PDF Jacob Goldstein Mobi Free Reading Jacob Goldstein Download Free Pdf Jacob Goldstein PDF Online Jacob Goldstein Mobi Online Jacob Goldstein Reading Online Jacob GoldsteinRead Addicted to the Monkey Mind: Change the Programming That Sabotages Your Life By J.F. Benoist
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