Paper, Rocks or Digits: What Makes the Best Money?
What are the elements of a successful monetary system.
Topics covered include:
- The stone currency of Yap
- The fiat currency of ancient China
- Why money requires trust, accounting and tokens
- Why too much money can lead to inflation and too little to deflation
- Why the best money is useless other than as money
Thanks to LinkedIn and Candid for sponsoring the episode.
For show notes and more information on this episode click here.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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What are the elements of a successful monetary system.
Topics covered include:
- The stone currency of Yap
- The fiat currency of ancient China
- Why money requires trust, accounting and tokens
- Why too much money can lead to inflation and too little to deflation
- Why the best money is useless other than as money
Thanks to LinkedIn and Candid for sponsoring the episode.
For show notes and more information on this episode click here.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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