Episode 243: The Nature of Exchange, pt. 1
Words & Numbers
00:00
Isn't Money a Necessity?
"Money gets you around the problem of spoilage. That's way more important than anything else," he says. "We've benefited so much from this tool that we call money." But people lose their minds because all they see in the transaction is the dollars, he adds. They don't see the goods and services that are the real part of the exchange. 'The money is only there as a placeholder is a placeholder'
Transcript
Play full episode
