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For me, Broken Money was less enjoyable than The Bitcoin Standard and especially The Fiat Standard.
It is more nuanced and detailed as far as how the banking system works, but I have to say I enjoy Ammous’ writing more. Maybe I’m just not intellectual enough to appreciate it. The early chapters about proto-money and early credit were things that were new to me in The Bitcoin standard, but not as much of a page turner if you already know it.
I’ll have to re-read some of the denser chapters to grasp some of the concepts better than I do.
I’m glad I got it, but for my brain, The Bitcoin Standard/Fiat Standard flowed better. If some normie shows interest those are the 2 books I recommend.
My sister in-law is a normie banker with a deeper understanding of it than I do, so Alden’s book is probably the better choice for her.
Fair fair.
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