The Money Revolution

How to Finance the Next American Century

By: Richard Duncan

Narrated by: Chris Reilly

Length: 15 hrs and 21 mins

Publisher's summary

In The Money Revolution: How to Finance the Next American Century, economist and best-selling author Richard Duncan lays out a farsighted strategy to maximize the United States' unmatched financial and technological potential. In compelling fashion, the author shows that the United States can and should invest in the industries and technologies of the future on an unprecedented scale in order to ignite a new technological revolution that would cement the country's geopolitical preeminence, greatly enhance human well-being, and create unimaginable wealth. In this book, you will find: an important new history of the Federal Reserve that details the transformation of the country's central bank from the passive lender of last resort created by its founders in 1913 into the world's most powerful economic institution today; a fascinating discussion of the evolution of money and monetary policy in the United States over the past century; an examination of the role that credit has played in generating economic growth; a detailed description of the country's capital structure and its dangerous deficiencies; and an urgent call-to-action for the United States to begin a multitrillion-dollar investment program targeting industries of the future.

The Money Revolution is an engaging listen that is ideal for anyone interested in the future of the United States.

©2022 Richard Duncan (P)2022 Ascent Audio

A Real Snooze-Fest With A Great Ending - Bad Voice

The book itself overall was a wealth of knowledge but the reason I won't give it anything more than 3 stars is the very slow start to the book. The first 2/3rd of the book is nothing but numbers and charts, but here's the kicker.... There is no attachments for the book. I believe they referenced well over 200 charts on a conservative note but without a single attachment for the book, it was utterly useless.

My second biggest gripe with the book was the voice actor. Talk about slow! I eventually turned it all the way up to 1.5x just to make it sound like a normal book. Anything less than 1.3x makes you want to pull your hair out and you'll immediately lose interest. It's almost like the voice actor is talking slow so he can get paid for more time. I've never had an audio book make me not want to listen because or the voice actor. If it weren't for the fact this book was recommended by Robert Kiyosaki on a recent podcast, I would have stopped a few chapters in and called it a loss. Horrible choice on Voice actor!

A large majority of the book is nothing but very dry history and numbers, although this was almost the death of this book for me, I'm glad I stayed for the ending as I did thoroughly enjoy the last 1/3rd of the book. It was a wealth of information and really gave me an insight to the current and upcoming economic situation that I maybe didn't see beforehand.

Overall this was a 3...maybe 3.5 out of 5 stars!

My advice is to skip around the book to the parts that interest you and definitely listen to part 3.

Bad narration.

Really enjoyed the content, but can’t continue with this narrator. His voice is very low, slow, and boring. I’m going to order the book to read. Sorry.

A fair review

Of the a few low ratings, I thought of reading carefully through the book and get to the bottom of it. First, you have to read the book along side with audio. There are a lot of data presented in the book which I will give credit to the author of the time it had taken to research it. Second, you must need to have an interest with finance or economics in order to get through the book as it’s very long. If you do, the book will be a very interesting read.

Now, the bad thing about the book. The author only began to reveal the intention of pouring all the data for the first 350 pages until page 400, where you began to learn his thesis is of first a praise for modern monetary policy and a call of using it more. With the benefit of hindsight, it shows how the logic have failed to consider the full mechanism where too much focused is put on the method of finance and what to do with the money and now enough on how to acquire the goods needed. In short, the Fed can print the money but not the oil and iron to get the job done.

Nevertheless, the book is a good read as it helps to identify the missing gap or assumption as to see how MMT has created in the end a very fragile economic system that is easily attacked through supply constraint and can cause big economic consequences with high inflation nowadays across the globe.

Thus, instead of the free money story, we may just as well enter into a period of low growth for longer with high inflation for longer as MMT had printed too much money and it will take 10 years to have it resolved.

I Had Great Expectations For This Book....But

I Was disappointed. I Love Mr Duncan's work, but this book was just too many numbers. Not enough information and/or substance. It would be an excellent reference book, or college text book, but not a great book for someone seeking general economic information. I will go back to listening to Mr Duncan via a podcast. Hopefully his next book will be more to "my" liking.

if you only like to hear reading out of tables

I was impressed by an interview with Mr Duncan and that's the reason I bought this book. but this book is primarily someone reading out numbers of of tables and hardly there is any storytelling

’Unlistenable’ book with tables, full outline

The book contains full outline which is read, super unnecessary and disturbing the story (production error?); bunch of tables with numbers which are read unnecessarily ant to top it all there is no pdf document to view the data and make your own judgement).
As for contents, it is potentially interesting but could be summarized down to a 2-3 hours listen. If you are into these kind of big idea books, I suggest getting a paper version and starting from the last quarter of the text.