How Currency Works

Stuff You Should Know

iHeartPodcasts

Society & Culture

4.6 • 79.3K Ratings

🗓️ 18 September 2014

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

Even if you entirely eschew the concept of money, we'll bet you'd be hard pressed not to trade in some form of currency. Learn how everything from cows to cacao beans to tiny shells from Maldives have served as currency at some time or another.

Transcript

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0:00.0	There's so much news happening around the world that we're somehow supposed to stay on top of.
0:05.7	That's why we launched The Big Take.
0:08.3	It's a daily podcast from Bloomberg and I Heart Radio that turns down the volume a bit
0:14.0	to give you some space to think.
0:16.4	I'm Wes Kosova.
0:17.7	Each weekday I dig into one important story and talk about why it matters.
0:23.6	Listen to The Big Take on the I Heart Radio app, Apple Podcasts or wherever you listen.
0:31.4	Welcome to StuffyShitNo from House stuffworks.com.
0:41.2	Hey and welcome to the podcast.
0:42.6	I'm Josh Clark with Charles W. Tuckbright and Jerry.
0:46.7	All right?
0:47.7	Yeah.
0:48.7	That makes us know.
0:51.3	You ever had one of those, I don't know why I wanted one, but when I was a kid I wanted
0:56.4	one of those coins, things you wanted your hip to make change.
1:00.2	I wanted one of those worse than anything.
1:02.6	Really?
1:03.6	Yeah, I don't think I...
1:04.6	You want to be like a peanut vendor?
1:05.6	I don't know.
1:06.6	I don't know.
1:07.6	I was at six bucks a while ago and I saw those things.
	...

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