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Podcast: PRay TeLL, Dr. Hash
Episode: 69 Money
Description: If someone who has corn doesn't want to trade for your shoes but he'll take a chicken, and another guy has a chicken and will take your shoes, you could make it work, but then another guy comes along and he'll dig ditches for some shoes but you need chickens, hmmm, this gets complicated very quickly, which is why creative humans came up with the imaginary concept of money, which sure beats chickens. Money is imaginary because everyone has to make-believe it's worth something. It doesn't have to be backed with anything tangible: no gold, no stocks, and certainly...