The Evolution of Money: From Barter to Banknotes

This chapter traces the history of monetary systems from ancient trade practices to the introduction of paper currency, highlighting key developments like the use of silver and coinage. It examines the cultural implications of these changes, the dangers of hyperinflation, and the psychological motivations tied to wealth, illustrated through myths like that of King Midas.

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The myths, tales, and concepts of ancient Greece echo and reach into every aspect of modern life. Often misunderstood, frequently romanticised, and sometimes deliberately twisted - to understand their origins and truth is to get a real glimpse into the universal themes that connect us to the past and each other.

Welcome to Podyssey with Alex Andreou. Each week we will take one myth, one concept, person, place, or theme from Ancient Greece, take it apart, figure out its inner workings, trace its influence, juice it for its wisdom, reimagine, update and put it back together - all shiny and new!

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When was it - and why? - that the cautionary tale of King Midas, a myth about the absurdity of excess, the consequences of greed and spectacularly bad judgment, magically transformed into an aspirational example of success? When did we elevate him from lowly figure of fun to a gold penthouse and the Oval Office?

Written and presented by Alex Andreou

Expert contributions by Alexandra Angeletaki-Røe, Debbie Challis, Linda Marric, and Dr Ruth Smith

Exec. Producers Naomi Smith & Kenny Campbell

Music by Marianna Sangita

Artwork by Simona Kanellou

For Cooler Heads, in collaboration with Sandstone Global

NOTES

MUSIC

MOZART - A Musical Joke - Vienna Konzerthaus Quartet - PRIVATE COLLECTION

GRIEG - Peer Gynt Suite No.1 “In the Hall of the Mountain King” - Eugene Ormandy - PRIVATE COLLECTION

BERLIN - After you get what you want you don’t want it - Marilyn Monroe - YOUTUBE

ROSSINI - Il Barbiere di Siviglia “Largo al factotum” - Rolando Panerai - YOUTUBE