Solving the problems in the world seems to be an impossible task. For any one of us, that is probably true. But I believe that if we each focus on making our own personal "world" better (whether that is ourselves, our family, or our community), the results will spread and maybe the world will start solving it's own problems.
Wednesday, March 4, 2020
Podcast Episode 14: How Does Money Work?
A currency is simply a type of commodity that's use is facilitating trade
A good currency needs:
The ability to be transported easily
The ability to spend easily
The trust of people that it will hold value in the future.
You don't need to tie a currency's value to another commodity