Dec 14 2019

SYSK Selects: How Currency Works

Selects 47 min 3 movies discussed
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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.

AI Summary

# Money: From Barter to Bitcoin

This Stuff You Should Know episode explores the fascinating history of currency and how humans have evolved from trading goods directly to using digital money. Chuck and Josh dive into how money solved major problems like making equal trades and storing wealth, then trace the journey from commodity-based currencies like cacao beans all the way through coins, paper money, and electronic transfers. Along the way, they reveal surprising facts like how laundry detergent became street currency, explain wild historical events like Germany's hyperinflation disaster in the 1920s, and break down why we all collectively agreed that pieces of green paper have value just because we believe they do.


Movies Discussed

Saturday Night Fever
Saturday Night Fever
1977 1h 58m
★ 6.7
"the movie Saturday Night Fever came from. It came from an article that was later admitted to be completely fabricated — Chuck mentions that Saturday Night Fever originated from a fabricated article in New York Magazine." — Chuck
The Simpsons
The Simpsons
1989
★ 8.0
"Are you watching the Simpsons every episode marathon? I've tuned in some here and there. — They discuss watching a Simpsons marathon on FXX." — Chuck
The Wizard of Oz
The Wizard of Oz
1939 1h 42m
★ 7.6
"Did you know that's what the Wizard of Oz is about? It's an allegory for the gold standard. — Josh explains that the Wizard of Oz is an allegory about the gold standard." — Josh

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