Npr planet money bitcoin price
One day around Thanksgiving of this year, Syl Turner noticed that it seemed like suddenly everybody was talking about bitcoin. And he thinks to himself, bitcoin. I haven't thought about that in forever. I definitely used to have some of those. And so he goes online, and holy crap.
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- 6 Personal Finance Podcasts That Won't Bore You To Death
- Bitcoin: Mother Of All Bubbles, Or Revolutionary Breakthrough
- Stacey Vanek Smith
- Stocks are in the midst of a wild ride as the U.S. gets ready to fight inflation
- Daily business news and economic stories from Marketplace
- Whistleblowers can protect crypto and DeFi
- MOTD Top 10: Best Premier League players from 'rest of the world'
6 Personal Finance Podcasts That Won't Bore You To Death
Goodreads helps you keep track of books you want to read. Want to Read saving…. Want to Read Currently Reading Read. Other editions. Enlarge cover. Error rating book. Refresh and try again. Open Preview See a Problem? Details if other :. Thanks for telling us about the problem. Return to Book Page. Preview — Money by Jacob Goldstein.
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 Money only works because we all agree to believe in it. 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 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. 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.
Get A Copy. Hardcover , pages. Published September 8th by Hachette Books first published More Details Other Editions Friend Reviews. To see what your friends thought of this book, please sign up. To ask other readers questions about Money , please sign up. Lists with This Book. Community Reviews. Showing Average rating 4.
Rating details. Sort order. Oct 12, Mehrsa rated it really liked it. This is a fast and interesting treatment of the history of money and the controversies surrounding it. It's a planet money treatment though so not very deep. For a more thorough history, I'd recommend Felix Martin's book or Christine Desan's Making Money or Debt by Graeber This is a fast and interesting treatment of the history of money and the controversies surrounding it.
View 2 comments. Jul 09, Kate rated it it was ok Shelves: abandoned. Gave up at about the halfway point. The very thing that made me excited for this book - the fact the author is a co-host of the NPR podcast Planet Money , one of my favorite shows - caused its downfall. This didn't read like a book: it read like a transcript of a bunch of Planet Money episodes.
Rather than presenting one overarching, unifying idea and then weaving a larger narrative around it, this book is a bunch of small, disconnected vignettes that are completely isolated from one another. The Gave up at about the halfway point. The cute asides that work so well in spoken form are distracting and pull you away from the main thread. For most of the chapters, I had no idea why the information was being included or why I should care other than 'oh, that's mildly interesting.
Concepts were introduced at SUCH a high level that there's no way a reader could actually learn anything about the patterns of history or economics - statements about history were so broad as to be impossible to disprove, yet so vague as to make them not really worth knowing.
I had to take the author's word that what he was saying about how money worked was true, but there's not enough information to develop your own understanding.
To be fair, I may not be the target audience for this book. I think it's aimed at readers who don't typically go for personal finance or economics books and are looking for an introduction to the topic.
If that describes you and you're dipping your toe into this genre, you might enjoy this a bit more. But at the same time View all 5 comments. Money only works because we all agree to believe in it; that's the reality of one of humanity's strangest inventions. In Money, economics columnist, 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.
Kublai Khan, the Mongol Money only works because we all agree to believe in it; that's the reality of one of humanity's strangest inventions. One thing they all realised: 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.
All in all, this is lively, accessible, and full of interesting details like the 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. Goldstein reminds us that money is a concept rather than the paper and coins we refer to as such and through a combination of fascinating, informative and entertaining anecdotes he ensures that after picking up this book you'll never think of money in quite the same way again.
View 1 comment. Sep 27, Emily rated it liked it Shelves: economics , magazine-article-as-book , nonfiction , I marked this as "magazine-article-as-book" but I really mean "podcast transcript as book. It was pleasant to read throughout but I'm not sure how much I took away from it that I didn't already know from being a newspaper reader and even occasionally listening to Planet Money.
This book is a jaunty, informal ret I marked this as "magazine-article-as-book" but I really mean "podcast transcript as book. This book is a jaunty, informal retread of information I'd already gotten from The Ascent of Money and the moments where Money was an improvement were episodes that are too recent to have been included in Ferguson's book: especially the explanation of how the shadow banking system fit into the Great Recession, and the part about bitcoin. Sometimes I review long serious nonfiction books and get comments like "Thanks for reviewing this because I would never read it.
Oct 31, Trike rated it it was amazing Shelves: read-in , asia , britain , non-fiction , politics , history , finance. This is a superb overview of the history of money and banking, touching on all aspects of both while swooping and diving through history, all across the globe. This is clearly not intended to be an exhaustive examination of every little detail, and it provides an enticing entry for anyone wanting to know more on this topic.
It does whet my appetite for more, bu This is a superb overview of the history of money and banking, touching on all aspects of both while swooping and diving through history, all across the globe. It does whet my appetite for more, but most books on this subject are crushingly dull. This one is refreshingly light. I hope Goldstein writes more because this is extremely engaging.
Here we have numerous examples of that. Also the fact that the national debt is imaginary and is only used by politicians to scare people into voting. If this book were required reading, that would lose its teeth. Because money is completely made-up and inherently irrational. As he says, even banks operate this way.
The most financially-sound bank in the world would collapse in a second if people stopped trusting it. He gives examples of that. Housing swings, employment shifts, manufacturing cycles… all of the upheaval that traditionally freaks out the market has had almost zero effect on it. Yet here we are, right as rain falling softly on the fields. Seeing as how all of this money stuff is really just a consensual reality we all agree on, it makes more sense.
We can afford to feed and house everyone, and we can do it just by saying so. May 01, Bandit rated it it was amazing.
On nice, I'm the first one to review this. Behold all the good things I've got to say about this book. Money is a loaded subject. The made up thing of the most realistic proportions. So why not learn more about the actual mechanics of it? Especially when a book specifically designed to do just that just appears on Netgalley. Yes, it was time.
And lean I did. I actually read the book in one day, which speaks volumes to its readability alone. Not as humorous as I often prefer my serious nonfiction reads to be and not as opinionated or more like not as one or the other way leaning as some of nonfiction especially on a subject as divisive as this one tends to be, but a very enjoyable read all the same, this book takes you from the early days of the very invention of money to making it more practical and usable paper money, thanks China to making it the very soul of commerce that conquered and now rules the world.
No one actually needs the knowledge of economic theories to know where they stand on money.
Bitcoin: Mother Of All Bubbles, Or Revolutionary Breakthrough
Bitcoin mining — the process in which a bitcoin is awarded to a computer that solves a complex series of algorithm — is a deeply energy intensive process. Bitcoin mining — the process in which a bitcoin is awarded to a computer that solves a complex series of algorithms — is a deeply energy-intensive process. Miners are rewarded in bitcoin. But the way bitcoin mining has been set up by its creator or creators — no one really knows for sure who created it is that there is a finite number of bitcoins that can be mined: 21m.
Stacey Vanek Smith
Stocks are in the midst of a wild ride as the U.S. gets ready to fight inflation
To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video. Nick Sciple: Welcome to Industry Focus.
Daily business news and economic stories from Marketplace
Help others find our skill by rating it here. A one minute take from Kai Ryssdal on the stock market news of the day, posted after the markets close. Nobel laureate Amartya Sen looks back at the moments that influenced his thinking in his new memoir, "Home in the World. Skip to content. Amanda Peacher Jan 28, Despite good economic data like GDP growth, many Americans are not optimistic.
Whistleblowers can protect crypto and DeFi
And today's show begins with a question that somehow independently popped up in the heads of five different people all around the same time. You were hearing on the news every day, all these like crazy numbers. X trillion dollars lost when the housing bubble popped. A trillion dollars disappeared from the stock market this week. My family members, my wife, my friends, people were just asking me, where did that money go? Who got it?
MOTD Top 10: Best Premier League players from 'rest of the world'
The Indicator NPR hide caption. I'm Stacey Vanek Smith. And I am here as I am every Friday with Mr. Adrian Ma and Mr.
Bitcoin is a virtual currency that's traded largely online. It was created in in the aftermath of the global financial crisis as an alternative to currencies which are controlled by countries and central bankers. But Bitcoin has been on a wild ride lately, soaring in value during the anxious days of the Cyprus banking crisis. We're going to look at the currency's history in today's Business Bottom Line. In Europe, the number of Euros flowing through the financial system's dictated by the European Central Bank. But Bitcoin - this cyber currency - is different.
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Bitcoin is all the rage this year. Established venture capital firms are joining the phenonemon, too. What caused Bitcoin to rise in the public consciousness?