Broken Money: Why Our Financial System Is Failing Us & How We Can Make It Better
A comprehensive exploration of the history, technology, and economic foundations of monetary systems. Traces money from ledger theories and commodity gold to the telecommunications speed gap, the collapse of the gold standard, fiat mechanics, the Cantillon Effect, Eurodollar and Petrodollar hegemony, and the emergence of decentralized digital scarcity via Bitcoin and the Lightning Network.
284 cards7 lessonsFree
Part of the Master Your Money collection.
BROKEN MONEY · FACT
Barter Myth vs. Anthropological Reality
Classical Barter Myth — Textbooks claim economies began with spot barter of goods.
Anthropological Reality — Historical evidence shows communities operated through informal credit and reciprocal social ledgers.
Ten of its 284 cards, from the same pack file the app reads.
7 lessons.
Each lesson has a study guide to read and objectives you can test yourself on. Its cards and games show up in your feed.
- 01
Lesson 1: The Ledger Theory and Genesis of Money
1.1 Money as a Social Ledger · 1.2 The Triumph of Monetary Gold
- 02
Lesson 2: The Speed Gap and Banking Centralization
2.1 The Telegraph and the Speed Gap · 2.2 Fractional Reserve and Custodial Power
- 03
Lesson 3: War, Defaults, and the Fall of the Gold Standard
3.1 The Collapse of Classical Convertibility · 3.2 Bretton Woods to the Nixon Shock
- 04
Lesson 4: Pure Fiat Mechanics and the Cantillon Effect
4.1 Credit Creation and Base Reserves · 4.2 The Cantillon Effect and Financialization
- 05
Lesson 5: Global Reserve Hegemony: Eurodollars & Petrodollars
5.1 The Offshore Eurodollar Matrix · 5.2 The Petrodollar and Monetary Imperialism
- 06
Lesson 6: Digital Scarcity and the Bitcoin Architecture
6.1 Proof-of-Work and Thermodynamic Truth · 6.2 Consensus, Scarcity, and Node Sovereignty
- 07
Lesson 7: Layered Scaling, CBDCs, and the Monetary Horizon
7.1 Layered Architecture and Lightning · 7.2 CBDCs, Autonomy, and Long-Term Cycles
- Cards
- 284
- Lessons
- 7
- Version
- 1.0.2
- Language
- English
The whole pack is one file. Read the pack file ↗
The app is on its way to the App Store.
FlashFeed is free, built for iPhone, and needs no account. When it's live, the link will be here.