
What is money?
Elfonomics - with Elf Lyons and Dr Gerard Lyons
00:00
The Evolution of Money
This chapter examines the multifaceted concept of money through the lens of history and various forms of currency, from gold to modern digital assets. It discusses the importance of recognizable and stable currency, its functionalities, and the implications of inflation and banking practices on economic stability. By intertwining storytelling and economic concepts, the chapter highlights the societal and psychological dimensions of money as a social construct.
Transcript
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