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But Why: A Podcast for Curious Kids

Why Is Money So Important?

But Why: A Podcast for Curious Kids

Vermont Public

Nature, Kids & Family, Science, Language

4.35.6K Ratings

🗓️ 8 December 2017

⏱️ 24 minutes

🧾️ Download transcript

Summary

In this episode of But Why we visit a credit union to learn what money is all about and Slate Money hosts Felix Salmon, Anna Szymanski and Jordan Weissman answer questions about why money plays such a big role in modern society. How was money invented? Why can't everything be free? How do you earn money? Why don't kids go to work? How was the penny invented? Why are dimes so small?

Transcript

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0:00.0

But why? A podcast for curious kids is known for serious answers to silly questions sent

0:07.0

in by kids just like you. But did you know that but why is now a book series?

0:12.9

Our first book, Our Lama's Ticklish, answers questions from real kids about farm animals.

0:18.8

This colorfully illustrated book is perfect for kids ages 8 to 10. And our second book,

0:24.4

To Fish Breathe Underwater, explores the underwater world of the ocean. Learn more at

0:29.4

But Why Kids.org slash books.

0:53.5

This is But Why. A podcast for curious kids produced at Vermont Public Radio. I'm Jane

0:59.8

Lindholm. In each episode we take questions from kids just like you. Maybe you've even

1:05.6

sent one in. And we find people who know how to help you find an answer.

1:11.2

Before we get started, I have a message for the adults who are listening. We have support

1:15.3

for this episode from Let's Grow Kids. Vermont kids have a new anthem and you can watch the

1:20.9

music video featuring Mr. Chris, Kat Wright and children from across Vermont at Let's

1:26.3

Grow Kids.org. Today we're going to talk about a very complicated topic, money and why

1:33.5

it's important. The first question is a doozy. Hi, my name is Luka and I live in Ashwin,

1:40.3

Oregon. I'm nine and my and my question is who invented money? Good question, Luka,

1:48.8

and a really tough one because it kind of depends on what you mean by money. Let's start

1:55.2

by going back in time way back in time. Imagine two cavemen hanging out in the middle of

2:03.1

a summer morning and one of them is feeling hungry. I am really hungry. I think there's

2:11.1

a mastodon over there. That would feed my family for a long time. What's a mastodon again?

2:19.4

That thing over there looks like an elephant. Which don't exist yet, but go on. But a lot

2:26.9

hairier. Oh right. Anyway, any chance you could help me chase down that mastodon and

2:34.8

spear it and then drag it back to my home? Well, I guess so. I'm pretty free right now,

...

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