The Culture of Cash

Now & Then

Vox Media Podcast Network

News, Society & Culture, History, News Commentary

4.9 • 3.7K Ratings

🗓️ 1 February 2022

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

What has money meant in American society? On this episode of Now & Then, “The Culture of Cash,” Heather Cox Richardson and Joanne Freeman look at the culture of American currency & capital. They examine attempts in the early republic to create a viable national coinage system, the introduction of greenbacks during the Civil War, the success of President Franklin Delano Roosevelt’s 1933 bank holiday, and the songs and films that defined national conversations about money in the 20th century. How do systems of exchange reflect national values? How can different currencies highlight or spur political change? And how can past money debates help to contextualize the current battles over Bitcoin and cryptocurrency? Join CAFE Insider to listen to “Backstage,” where Heather and Joanne chat each week about the anecdotes and ideas that formed the episode. Head to: cafe.com/history. For more historical analysis of current events, sign up for the free weekly CAFE Brief newsletter, featuring Time Machine, a weekly article that dives into an historical event inspired by each episode of Now & Then: cafe.com/brief For references & supplemental materials, head to: cafe.com/now-and-then/the-culture-of-cash The executive producer is Tamara Sepper. The editorial producer is David Kurlander. The audio producer is Matthew Billy. The Now & Then theme music was composed by Nat Weiner. The Cafe team is Adam Waller, David Tatasciore, Sam Ozer-Staton, Noa Azulai, and Jake Kaplan. Now & Then is presented by CAFE and the Vox Media Podcast Network. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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1:02.1	From Cafe and the Vox Media Podcast Network, this is now and then.
1:10.1	I'm Heather Cox Richardson and I'm Joanne Freeman. Today we want to talk about a topic that
1:16.3	came up early when we were pondering what we wanted to talk about last week, Heather,
1:21.0	but what was interesting about it, and I will say that even as late as 10 minutes ago,
1:26.1	we were still talking about the meaning of a lot of things associated with it. We want
1:30.9	to talk about basically money, but we don't want to talk about very specific things about
1:37.7	currency and the stock market. What we're really interested in talking about is what money
1:43.9	means. And part of what prompts this conversation is discussion about bitcoins and cryptocurrency
1:50.7	and all of these things floating around out there that are constantly in the public realm,
1:57.3	everyone's talking about them, but you and I, Heather, were trying to basically get down
2:00.8	to the specifics about them ourselves. So what's interesting about that is I think we
	...

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