Why can't we spend paper money from a Monopoly game? It's not very different from the paper money we use every day.
This episode is basic look at economics by taking a magnifying glass to something we take for granted: money. To do this, we answer these three questions:
- What is money?
- What has been used as money?
- What makes a good money?
We explore some rather strange things that have been used as money in the past and even today from two online articles.
We begin the groundwork for putting conventional economic wisdom to the test as we test our paper money against the qualities that make a good money.
25 Strangest Things Used As Currency
11 Crazy Things Used As Currency Around the World