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About This Book
This text offers an explanation of how a problem that dogged monetary authorities for hundreds of years was finally solved. It amounts to a history of how commodity money (money literally worth its weight in gold) became fiat money (money not literally equal to the value claimed for it).
More by Thomas J. Sargent, François R. Velde
Reading Time Estimates
10h 54m
slow reader
180 WPM
7h 51m
average reader
250 WPM
5h 36m
fast reader
350 WPM
📖 117,700 words📅 16 days at 30 min/day
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WPM
Reading time
7 h 51 min
at 250 words per minute
Audiobook (1.5x)
8 h 43 min
at 1.5x narration speed
Audio 1x
13 h 5 min
Audio 2x
6 h 32 min
That's about:
- 📅16 days reading 30 min/day
- 🚇16 commutes of 30 min each