Podcasts about money the true story

Pennies are as lucky as ever, but the U.S. Mint reported losing more than $85 million last year producing the coin. Now President Trump has added his voice to bipartisan calls to stop minting the penny, but it would be up to Congress to make change. Would you miss the one-cent piece? We look at the historical, cultural and economic significance of the penny. Tell us your thoughts. Guests: Seth Chandler, head numismatist, Witter Coin Jay Zagorsky, professor of economics, Boston University Questrom School of Business Jacob Goldstein, podcast host and executive producer, Pushkin Industries; former co-host, Planet Money podcast; and author of "Money: The True Story of a Made-Up Thing" Frank Lee Holt, professor emeritus of history, University of Houston; author of “When Money Talks”

In this episode of The Agent of Wealth Podcast, the Bautis Financial team discusses the tenth book assignment in their monthly Book Club, Money: The True Story of a Made-Up Thing by Jacob Goldstein. ​​In Money, Jacob Goldstein shows how money is a useful fiction that has shaped societies for thousands of years, from the rise of coins in ancient Greece to the first stock market in Amsterdam to the emergence of shadow banking in the 21st century.In this episode, we discuss:​​The history and evolution of money.The concept of value and how money derives its worth.The power and influence of money.Technology and the future of money.And more!Resources:Episode Transcript & Blog | Money: The True Story of a Made-Up Thing | Listen to Previous Episodes of the Bautis Financial Book Club | Bautis Financial: 7 N Mountain Ave Montclair, New Jersey 07042 (862) 205-5000 | Schedule an Introductory Call

Give to support the Truce Podcast On March 4, 1933, FDR delivered his inaugural address. In it, he used the phrase "the only thing we have to fear is fear itself". I did a little searching and this phrase is used a LOT in Christian books. So often. But it almost always refers to the fear one person has in their heart. In reality, it is a comment on collective fear. The Great Depression started in 1929 and was exacerbated by a bank run in which Americans lost faith in the value of our currency and the banking systems. That is an important distinction. FDR's speech is about collective fear. As I've contemplated the modernist/fundamentalist debate this season, I keep returning to the idea of fear, not in the US economy but in God's economy. He commands us to love the Lord, keep His commands, love our neighbors, turn the other cheek, and give to those who ask of us. Why do we forget to do this important work? Could it be because we've lost faith in God's economy? This episode features a clip from my discussion with Jacob Goldstein, former host of NPR's Planet Money podcast and the current host of Pushkin's What's Your Problem? podcast. His book is Money: The True Story of a Made-up Thing. Select Sources FDR's Inaugural Address Jacob Goldstein's Money: The True Story of a Made-Up Thing Movie: It's a Wonderful Life Discussion Questions: Why does it matter that FDR's quote "...the only thing we have to fear is fear itself" is a collective statement and not one about individual fear? What are some identifying features of God's economy? Do you trust in the way that God tells us to do things? When was the last time you prayed for someone who you don't like? Do you believe in turning the other cheek? Learn more about your ad choices. Visit podcastchoices.com/adchoices

How much gold is on our planet? And have we found most of it? This episode begins with some fascinating intel on gold including how much gold is actually in an Olympic Gold Medal and how much more gold is on a Nobel Prize. https://www.rd.com/article/gold-facts/ If you own your home, how much of the sky above it do you own? Why is “tolerated theft” actually encouraged by some businesses? These are just some of the interesting questions about ownership you will hear discussed with Michael Heller, one of the world's leading authorities on ownership. Michael is professor of real estate law at Columbia Law School and co-author of the book Mine! How the Hidden Rules of Ownership Control Our Lives (https://amzn.to/3uDMJkn) Where did money come from in the first place? Why do we (and must we) agree that pieces of paper and metal discs actually have value? Listen as Jacob Goldstein tells the fascinating story of money. Jacob is co-host of NPR's Planet Money program and author of the book Money: The True Story of a Made-Up Thing (https://amzn.to/2P11CwB). Jacob discusses things about money you probably didn't knew including why there are more $100 bills than $1in circulation and who is uses them mostly. A lot of people collect autographs – but what makes certain ones so much more desirable and valuable than others? Listen as I explain what type of autographs are really worth something and which ones are worth little more than the paper they are printed on – and why. https://www.worldcollectorsnet.com/features/autographs/ PLEASE SUPPORT OUR SPONSORS! Dell Technologies' Presidents Day event is here! The savings start now on select sleek XPS laptops and more powered by 12th Gen Intel® Core™ processors. Don't forget special pricing on the latest monitors, docks and accessories, plus free shipping on everything and monthly payment options with Dell Preferred Account.  Just call 877-ASK-DELL for these limited-time Presidents Day deals! With With TurboTax, an expert will do your taxes from start to finish, ensuring your taxes are done right (guaranteed), so you can relax! Feels good to be done with your taxes, doesn't it? Come to TurboTax and don't do your taxes. Visit https://TurboTax.com to learn more. Intuit TurboTax.  Did you know you could reduce the number of unwanted calls & emails with Online Privacy Protection from Discover? - And it's FREE! Just activate it in the Discover App. See terms & learn more at https://Discover.com/Online Learn more about your ad choices. Visit podcastchoices.com/adchoices

*** The Radiotopia fundraiser is happening right now! Support this show by becoming a member today: https://on.prx.org/3Ehr3B6 *** It's November 22nd. In 1910, a group of the most powerful bankers in the country were invited to the secluded Jekyll Island, off the coast of Georgia, to develop a plan for what would eventually become the Federal Reserve. Jody, Niki, and Kellie are joined by Jacob Goldstein of Pushkin Industries to discuss the cloak and dagger arrangements for the meeting, why there was so much pressure to develop a plan, and how it changed the US economy. Jacob's book is “Money: The True Story of a Made Up Thing.” And his podcast is What's Your Problem. Sign up for our newsletter! Find out more at thisdaypod.com And don't forget about Oprahdemics, hosted by Kellie, out now from Radiotopia. This Day In Esoteric Political History is a proud member of Radiotopia from PRX. Your support helps foster independent, artist-owned podcasts and award-winning stories. If you want to support the show directly, you can do so on our website: ThisDayPod.com Get in touch if you have any ideas for future topics, or just want to say hello. Our website is thisdaypod.com Follow us on social @thisdaypod Our team: Jacob Feldman, Researcher/Producer; Brittani Brown, Producer; Khawla Nakua, Transcripts; music by Teen Daze and Blue Dot Sessions; Audrey Mardavich is our Executive Producer at Radiotopia

Americans have been talking about inflation for over a year now. Whatever the cause this is our current reality. What can we do to protect our personal finances right now? We'll see what our experts have to say. They also cover other money questions.Money: The True Story of a Made-Up Thing by Jacob GoldsteinTax info: https://www.irs.gov/Email about what to invest inInflation Hosted on Acast. See acast.com/privacy for more information.

NYT Cooking food writer and cookbook author Melissa Clark says she's always looking for shortcuts in the kitchen — including ways to use fewer pans. Her latest cookbook is Dinner in One: Exceptional & Easy One-Pan Meals.John Powers reviews the Indian film RRR.Author and podcaster Jacob Goldstein says we don't think of money as a technology, but we should. He traces the first paper currency to China's Sichuan province, and talks about the early days of dollar bills in the U.S. His book is Money: The True Story of a Made Up Thing.

NYT Cooking food writer and cookbook author Melissa Clark says she's always looking for shortcuts in the kitchen — including ways to use fewer pans. Her latest cookbook is Dinner in One: Exceptional & Easy One-Pan Meals.John Powers reviews the Indian film RRR.Author and podcaster Jacob Goldstein says we don't think of money as a technology, but we should. He traces the first paper currency to China's Sichuan province, and talks about the early days of dollar bills in the U.S. His book is Money: The True Story of a Made Up Thing.

Author and podcaster Jacob Goldstein says we don't think of money as a technology, but we should. He traces the first paper currency to China's Sichuan province, and ponders the Fed's next move. His book is Money: The True Story of a Made Up Thing. Also, Ken Tucker reviews Ashley McBryde's concept album Lindeville.

Author and podcaster Jacob Goldstein says we don't think of money as a technology, but we should. He traces the first paper currency to China's Sichuan province, and ponders the Fed's next move. His book is Money: The True Story of a Made Up Thing. Also, Ken Tucker reviews Ashley McBryde's concept album Lindeville.

Have you ever sat back and wondered, “what is the actual story of how and why money was created?” In every episode of this pod we're talking about different ways to better your relationship with money and breaking down all the how-to's and how not to's with money. But, let's take a step back from that if you'll indulge me, and let's look at why we even use money in the first place. I think you can certainly agree that money has messed us up - it's divided us, it causes so much stress and fear, and money also has the power to create change and a lot of other good stuff. It's a complicated story that our guest, Jacob Goldstein, author of the book Money: The True Story of a Made-Up Thing, former co-host of NPR's Planet Money podcast, and host of a new podcast called What's Your Problem took a deep dive into. Jacob's new book is a must-read riveting story of money with all its twists and turns. I'm going to let Jacob tell you more, like the story of how Marco Polo uncovered that people were using paper money and how it changed everything, and so many other juicy details that we chat about. Let's start talkin'.LINKSMoney: The True Story of a Made-Up Thing BookWhat's Your Problem podcastJacob on TwitterSPONSORSThanks to ShipStation for sponsoring the show. Go to ShipStation.com today and sign up with promo code MYMONEY for a FREE 60-day trial.Thanks to Ka'Chava for sponsoring the show. Ka'Chava is offering 10% OFF for a limited time at Kachava.com/mymoney.Thanks to Chime for sponsoring the show. Get started with Chime today. Applying for a free account takes less than 2 minutes. Get started at chime.com/mymoney.Thanks to BetterHelp for sponsoring the show. I want you to start living a happier life today. As a listener, you'll get 10% off your first month at BetterHelp by visiting our sponsor at http://www.betterhelp.com/mymoney. Thanks to Shopify for sponsoring the show. Shopify is more than a store. Connect with your customers. Drive sales. Manage your day-to-day. Go to http://www.shopify.com/mymoney for a FREE fourteen-day trial and get full access to Shopify's entire suite of features.LEAVE US A REVIEWLeave us an honest rating and review, pretty please. Head to the podcast player you're listening to this episode in to leave us a review or you can click here to leave a review for Everyone's Talkin' Money podcast on Apple Podcasts. Love this episode. Share it with a few friends so they can learn these valuable money concepts as well. Be sure to FOLLOW and SUBSCRIBE to never miss an episode!GOT A QUESTION?Have a Shannah Shares question? Submit your question here https://bit.ly/shannahsharesMORE MONEY TIPSFollow Me on Instagram for more money tips and behind-the-scenes information https://www.instagram.com/shannahgameFREE GUIDES + RESOURCESDownload our FREE Top 25 Episode GuideDownload a FREE BONUS podcast episode 5 Minutes to Unlock a New Money MindsetWant to be featured on a Budget Rescue monthly podcast episode? Just head over to this short form and leave me a message. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN EPISODE 89: Is the world hopelessly divided into winners and losers, or are we all winning more over time? Jacob Goldstein thinks so - and in this episode, he explains why productivity gains have replaced zero-sum thinking with positive-sum realities. He shares data to support the notion that the pie has actually gotten bigger and that people are living better than ever before. One person's loss is not another person's gain -- and after listening to Jacob, you'll be motivated to keep expanding possibilities for yourself and others! ABOUT JACOB GOLDSTEIN: Jacob Goldstein is the host of the podcast What's Your Problem? where he explores the cutting-edge problems the world's global entrepreneurs and engineers are trying to solve. He spent more than a decade as co-host of the Planet Money podcast - such a great show. He's also the author of the book Money: The True Story of a Made-Up Thing. Before he discovered podcasts, Jacob worked as a staff writer at the Wall Street Journal, the Miami Herald, and the Bozeman Daily Chronicle. He's reported stories for the New York Times Magazine, This American Life, Morning Edition and All Things Considered. LINKS: Podcast | Twitter

#64: Podcasting legend Jacob Goldstein joins Chris to discuss what's going on with inflation and what you can do about it. They also delve into everything money – how it originated, what its future might look like, how crypto fits in and some of Jacob's favorite money hacks.Jacob Goldstein is a journalist, writer, and podcast host. He's written for the Wall Street Journal, co-hosted NPR's “Planet Money” for a decade, authored “Money: The True Story of a Made-Up Thing” and recently launched a new podcast, “What's Your Problem?”Full show notes at: https://www.allthehacks.com/money-jacob-goldstein Partner DealsVuori: 20% off the most comfortable performance apparel I've ever wornMasterworks: VIP access to skip the waitlistDaffy: Free $25 to give to the charity of your choiceFabric: Affordable term life insurance for you and your family Selected Links From The EpisodeConnect with Jacob Goldstein: Twitter | Podcast: What's Your Problem? | Podcast: Planet MoneyJacob's Book: Money: The True Story of a Made-Up ThingWhat's Your Problem? Podcasts: Squeezing the Entire Internet Into a ShoeboxJacob's San Diego Recommendations:Roberto's Taco Shop - Del MarTorrey Pines State Natural ReserveOther Resources Mentioned: Tesla Auto Loan SpreadsheetCME FedWatch ToolSeries I Savings BondsThe Potential of Blockchain Technology with Chris DixonRyan Holiday AutoSlash - Cheap Car Rentals WorldwideKayak - Search Flights, Hotels & Rental CarsTripadvisorCapital One Eno - Google Chrome ExtensionTruebill - Find & Cancel SubscriptionsAll The Hacks Traveling Podcasts: Pro Travel Hacks for Every Aspect of Your Next Trip with Leigh RowanHacking Credit Card Points and Miles with Alex MillerFinding Cheap Flights to Anywhere in the World with Scott KeyesRedeeming Points for Max Value and Listener Q&AUpgrade Your Travel with The Points GuyOptimizing Points, Miles, and More Listener Q&ATravel, Hotel, and Credit Card Points Strategies for 2022 with Richard KerrTravel Hacking Bora Bora on Miles and PointsTravel Hacking the Lifestyles of the Rich and Famous with Leigh RowanTravel Hacks for Planning Your Best Trip Ever with Brandon PressorMaximize Your Points: Stacking, Buyers Clubs, Redemption Hacks, and More with Julia MenezListener Q&A Live Show + Big Anniversary Giveaway Full Show Notes:The current state of inflation [01:44]Where inflation is making the largest impact [04:55]Jacob explains when inflation can be a good thing [09:39]You do not need to finance your vehicle through the purchaser, and Chris shares how he financed his most recent Tesla purchase [12:01]How to prepare for inflation and I Bonds [15:39]Jacob explains what money is [20:58]The genesis story of money [23:04]NFTs, Crypto, and the difference between all the various forms of money in the 1800s as opposed to today [29:09]Chris & Jacob's stories of Bitcoin at the beginning [36:14]Jacobs three possibilities for the future  of money and what happened in  Italy when it started to include the black market in its GDP [37:57]Money lessons Jacob is passing on to his children [41:52]Status and dealing with the urge to keep up with the Jones's [44:46]Jacob's travel site filter and annualizing monthly payments hacks and Chris's Tesla delivery hack [49:01] Managing your subscriptions and getting better deals on plane tickets [55:00]Jacob discusses his new podcast, What's the Problem? [59:56]Jacob's San Diego Recommendations [01:02:18]Find Jacob online [01:03:47] SponsorsMasterworksMasterworks is an alternative investing platform that gives you access to one of the most exclusive and overlooked investments in history: blue-chip art. Masterworks lets regular people invest in paintings by legends like Banksy, Basquiat and Warhol without spending millions. I've now used masterworks to invest 14 different paintings, including a 15 million dollar Picasso.Here's how it works: Masterworks will buy a painting they think will appreciate well over time, then they securitize that painting with the SEC, so you can invest in it instead of buying the whole thing. Once they sell the painting, later on, you get your share of the proceeds. It's that simple. They've offered over 100 paintings so far and the three that have sold realized a net annualized gain over 30% per work. They have over 280,000 users and demand is as high as ever. All the Hacks has partnered with them to give you all priority access by going to allthehacks.com/masterworks(see important disclosures at masterworks.io/cd) DaffyDaffy is a not-for-profit community built around a new modern way to give, with a mission to help people be more generous, more often. Daffy makes it so much easier to put money aside for charity. You can make your tax deductible contributions all at once. Or you can set aside a little each week or month. Then anytime in the future, you can give to more than one and a half million charities, schools, and faith-based organizations in a matter of seconds. So you can separate the decision to give (and get your tax deduction) from deciding exactly which organization you want to support and when. My favorite part is that you can invest your contributions to your Daffy account so they can grow tax-free to let you have even more impact in the future. To start giving today and get your free $25 to give to the charity of your choice, go to allthehacks.com/daffy VuoriVuori is a new and fresh perspective on performance apparel. Perfect if you are sick and tired of traditional, old workout gear. Everything is designed to work out in, but doesn't look or feel like it. The product is incredibly versatile and can be used for just about any activity like running, training, swimming, yoga; but also great for lounging or weekend errands.To get the most comfortable and versatile clothing on the planet with 20% off your first purchase (plus free shipping on any US order over $75 and free returns) visit allthehacks.com/vuori FabricFabric is where parents come to start their families' financial lives. They make life insurance easy with new lower prices that mean significant savings over other providers, like a million dollars in coverage for less than a dollar a day. With everything online, it takes less than 10 minutes to apply, and you could be offered coverage instantly, with no health exam required. Fabric is fully-backed by Vantis Life, one of the most trusted names in life insurance. To start protecting your family today with a 30-day money-back guarantee visit meetfabric.com/allthehacks Connect with All the HacksAll the Hacks: Newsletter | Website | Facebook | EmailChris Hutchins: Twitter | Instagram | Website | LinkedIn

หนังสือ Money: The True Story of a Made-Up Thing ของ Jacob Goldstein - จุดเริ่มต้นของคำว่าเงิน มันมาจากที่ใดกันแน่ แล้วสิ่งนี้ทำไมถึงมีแต่คนอยากได้มันมาครอบครอง - ความเชื่อบางอย่างก็สร้างให้เราสามารถเปลี่ยนวิถีชีวิตกันไปได้ ก็เพราะเราเชื่ออย่างหนักแน่นว่าเงินสามารถแลกเปลี่ยนสินค้าได้ - ในความเป็นจริงแล้วเงินไม่สามารถซื้ออะไรได้เลย เพราะจุดเริ่มต้นไม่ได้มาจากเงินแต่มันคือการแลกเปลี่ยน แล้วการแลกสินค้ากันมันไม่สามารถเคลื่อนย้ายได้อย่างง่ายดาย - นัยของเงินนั้น จึงหมายความว่าเงินเป็นเพียงแค่กระดาษที่เราสร้างความเชื่อให้กับมัน แล้วมันไม่มีคุณค่าอะไรเลยต่อชีวิตมนุษย์ เพียงแต่สิ่งที่สำคัญกว่านั้นคือผลผลิต - ความอยากได้ อยากมี และอยากเป็น รวมความว่ามันคือความปรารถนาอันแรงกล้าที่เราต้องการได้มันมา นี่คือความหมายที่เรามีต่อเงิน เพราะเราคิดมาเสมอว่าเงินคืออำนาจ

Thursday's budget promised a legislative review of the "digitalization of money and maintaining financial sector stability and security." We discuss the appeal of cryptocurrency in Canada with former Bank of Canada governor Stephen Poloz; Jelena Djuric, a co-founder of the Canadian Web 3 Council, a cryptocurrency advocacy group; and Jacob Goldstein author of Money: The True Story of a Made-Up Thing.

Jacob Goldstein, author of "Money: The True Story of a Made-up Thing" and host of the new podcast "What's Your Problem?", joins Cardiff to discuss the surprising origins of money, and why now is a great time to start a podcast about solving problems. Related links: Money: The True Story of a Made-Up ThingWhat's Your Problem? See acast.com/privacy for privacy and opt-out information.

Jacob Goldstein is the author of Money: The True Story of a Made Up Thing and former co-host of Planet Moneywhere he worked for over a decade. His new podcast, What's Your Problem? from Pushkin Industries explores how company founders solve consumers' problems and what problems they themselves run into along the way. On today's show, we tackle the following: The question that Ira Glass described as “the most stoner question ever”  How cash transactions worked in these United States before we had dollar dollar billz, y'all Why you making more money doesn't mean someone else will make less How working at Pushkin is different than working at NPR and the Wall Street Journal The name of the very first compact disc he ever bought. Jacob is a former staff writer at the Wall Street Journal, the Miami Herald, and Bozeman Daily Chronicle. His work has appeared on This American Life, Morning Edition, and in the New York Times Magazine. He is a husband and father of two. He spoke with me from his soundproof closet in Brooklyn, USA. Check out What's Your Problem? here.  ⭐ Get 15% off your SideCar carrier with promo code CRAZYMONEY by clicking HERE.⭐

Jacob Goldstein is an Executive Producer at Pushkin Industries and host of the podcast "What's Your Problem?". He's also the Author of "Money: The True Story of a Made-Up Thing". In this conversation, we discuss the history of money through various technologies and money as a belief system. We also talk about gold, Stablecoins and inflation rates. ======================= Since 2018 Copper has been at the forefront of institutional digital asset development.   From award winning custody solutions, to creating the first truly off-exchange settlement function, Copper pioneers technology, products, and services, in lock-step with a rapidly changing world.    No other infrastructure provider covers as many assets, across as many exchanges, with the speed and security that Copper can offer. To learn how Copper helps the world's largest institutional investors secure their digital assets, head over to copper.co   Copper - the unfair advantage. ======================= Compass Mining is the world's first online marketplace for bitcoin mining hardware and hosting. Compass was founded with the goal of making it easy for everyone to mine bitcoin.  Visit http://compassmining.io to start mining bitcoin today!  ======================= Bullish is a powerful new digital asset exchange built for institutions that delivers the innovations of DeFi in a regulated environment. The Bullish Hybrid Order Book pairs the high-performance of a traditional Central Limit Order Book with automated market making. Powered by deep Bullish Liquidity Pools, backed by the multi-billion dollar Bullish Treasury. So, you can trade with certainty and at scale across variable market conditions.   Learn more at Bullish.com or follow @Bullish on Twitter. Because the future belongs to the bullish.   *Not investment advice. Digital assets and cryptocurrencies are high risk products. Consult your professional advisor before dealing in them. Bullish's services are available in select locations only and not to U.S persons.    Visit https://bullish.com/legal for important information and risk warnings =======================

Money:The True Story of a Made-Up Thing by Jacob Goldstein. Believe that money works because we are all agree in it.

It is said that money makes the world goes round and has done for millennia, but what exactly is money and where does it come from? To find out Dan is joined by Jacob Goldstein, American journalist, writer, podcast host and author of: Money: The True Story of a Made-Up Thing. They explore the concept and form of money from the first coins in the ancient world through the many booms and busts to the invention of stock exchanges, central banks and into the digitised world of today. Through this, we see that money is an ever-evolving concept and Dan and Jacob look at how it may continue to change into the future. See acast.com/privacy for privacy and opt-out information.

It is said that money makes the world goes round and has done for millennia, but what exactly is money and where does it come from? To find out Dan is joined by Jacob Goldstein, American journalist, writer, podcast host and author of: Money: The True Story of a Made-Up Thing. They explore the concept and form of money from the first coins in the ancient world through the many booms and busts to the invention of stock exchanges, central banks and into the digitised world of today. Through this, we see that money is an ever-evolving concept and Dan and Jacob look at how it may continue to change into the future. See acast.com/privacy for privacy and opt-out information.

Money did not always exist in its current form. There was a time when goods and services were just exchanged for one another, without actual coins or cash changing hands. The preconception is that our current monetary system, the status quo, makes complete sense. But as millennia of history have proven to us, money is very complex, and there is a lot at stake. Jacob Goldstein, host of the popular NPR podcast, Planet Money, joins the podcast. Jacob Goldstein's book - "Money - The True Story of a Made-Up Thing"https://www.amazon.ca/dp/B083J1BPNC/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1Follow Jacob on Twitter @jacobgoldstein

The great Jacob Goldstein, author of Money: The True Story of a Made Up Thing, stops by to tell us two stories about the design of paper currency around the world. First, the story of the making of the Euro banknotes, the design of which was supposed to unify Europe and not rely on any one country's national heroes or monuments. Then we learn about China's early pioneering experiments in paper currency, hundreds of years before it caught on in the rest of the world. Real Fake Bridges

The great Jacob Goldstein, author of Money: The True Story of a Made Up Thing, stops by to tell us two stories about the design of paper currency around the world. First, the story of the making of the Euro banknotes, the design of which was supposed unify Europe and not rely on any one country's national heroes or monuments. Then we learn about China's early pioneering experiments in paper currency, hundreds of years before it caught on in the rest of the world. Real Fake Bridges

There is a saying that money makes the world go round. But Jacob Goldstein, journalist, author, and co-host of NPR's Planet Money, suggests that money only works when we all believe in it. In this episode, he talks about his book, Money: The Story Of A Made-Up Thing. Jacob explains how money became a helpful fiction that shaped societies for thousands of years. Listen from the beginning till the end to learn about how world leaders and fringe thinkers have changed our perceptions about money. Goldstein and host Greg La Blanc touch on stories about the Lehman Brothers and the 2008 Economic Collapse, Irving Fisher, Nicholas Biddle, and John Law —a professional gambler and convicted murderer who brought modern money to France— eventually destroying the country's economy. He shares an interesting parallel on Isaac Le Maire and the Game Stop fiasco.Listen to his exciting thoughts on digital money —cypherpunks, a group of radical libertarian computer programmers, paved the way for bitcoin. Finally, listen to his story about the history and theory of light, how it affects money planning and productivity.Episode Quotes:What do you think about the U.S. becoming a goldsmith to the world and enjoying the profits of the money-making?Literally, we sell pieces of paper to people for a hundred dollars. Like it's a good business. The fact that the dollar is the reserve currency for the world, it's the money everybody wants. It means everybody wants to buy our treasury bonds. Everybody wants dollars, essentially. It's the tailwind that we have for the economy […] Like nobody's going to want anything else. I mean, they're not going to want Euros anytime soon. And the other obvious one would be the Yuan, right? The Chinese currency, the Renminbi. But, China has pretty significant capital controls, making it hard to move money freely in and out of China.Talk about the idea of digital cash as you described in your book. Is paper money vanishing, and how did the Coronavirus affect the movement of paper money? Digital currency, to a significant degree, happened so that they could do what people have done for a long time with paper money —which is to move it around without anybody knowing about it. Right? So whether the crime is just tax evasion or moving drug money, paper money is really good. One of the things that happened after the book came out, as California was going into lockdown; there was this series of DEA raids in the spring last year, where they seized millions and millions of dollars. Just because the drug dealers suddenly couldn't launder them. What do you think the next source of instability will be?The spreads between high-risk debt and safe debt were relatively small, which is a classic sign of the credit boom going on and on. So, that's sort of a traditional thing, making an economic downturn worse. Although not necessarily a financial crisis, right? The financial crisis classically comes from runnable debt. So, is there somebody out there besides money market mutual funds, which we know about, who is taking something like deposits? Letting people borrow short and lend long? Like the classic bank behavior where people come and ask for their money back. Whoever. Is it the FinTech, the intermediator saying, “Oh, sorry, I don't have your money”? That is the financial crisis moment. And so, I don't know who's the next sort of financial intermediary creating some money like deposit. I don't know who that is.Show LinksGuest ProfileJacob Goldstein at NPR and Planet MoneyJacob Goldstein on LinkedInJacob Goldstein on TwitterHis WorkMoney: The True Story of a Made-Up ThingNPR EpisodesTexas Public Radio

Vincent is joined by Jacob Goldstein, the co-host of the podcast Planet Money from NPR and author of Money: The True Story of a Made-Up Thing and Tom Burgis, Investigations Correspondent with the Financial Times and Author of Kleptopia: How dirty money is conquering the world. Taking Stock with Vincent Wall on Apple Podcasts, Google Podcasts and Spotify.      Download, listen and subscribe on the Newstalk App.     You can also listen to Newstalk live on newstalk.com or on Alexa, by adding the Newstalk skill and asking: 'Alexa, play Newstalk'.

Have you ever thought about where our money came from? We have! And so has this week's guest, Jacob Goldstein. Jacob is a correspondent and co-host at NPR – an independent, non-profit media organisation based in America. He co-hosts the radio show and podcast Planet Money, in which they try and explain the economy in a fun and relaxed way. In 2008 Jacob was a successful journalist working at the Wall Street Journal covering healthcare. After realising he had no idea what was happening in the 2008 financial crisis, Jacob was told that he had been looking at money all wrong. Because money is fictitious. This inspired him to learn more and dig deeper into the history of money around the globe. In doing so, he has written a fascinating book called “Money: The True Story of a Made-Up Thing” which tells the story of where our money system comes from. In our conversation we chat about the inspiration behind the book and Jacob's fascination with money. He shares some of his intriguing discoveries from the book and what he thinks of cryptocurrency. Tune in to hear our conversation.

Lewis H. Lapham speaks with Jacob Goldstein, author of “Money: The True Story of a Made-Up Thing.” Thanks to our generous donors. Lead support for this podcast has been provided by Elizabeth “Lisette” Prince. Additional support was provided by James J. “Jimmy” Coleman Jr.

Join us in conversation with Jacob Goldstein, co-host of the NPR show “Planet Money,” as he talks with Molly Wood from “Marketplace Tech” about the irreverent concept of money and its evolution over time. In his new book, Money: The True Story of a Made-Up Thing, Goldstein illustrates the use of money and how it has been an important factor in society for thousands of years. But what is money? Goldstein asserts that the concept of money only works because we as a globe have all collectively agreed to believe in it. He provides a detailed history of money from the rise of coins in ancient Greece to the emergence of shadow banking in the 21st century. The book follows the stories of the fringe leaders who first saw money as a viable system to exchange goods. The various thinkers presented in the book quickly learned that money is nothing more than a concept, only solidified by the choices we make. He says that these choices we decide on affect who gets more money and who gets less, who gets to take risks when times are good, and who gets screwed when things go bad. Join us to learn the story of the choices that gave us money as we know it today. Learn more about your ad choices. Visit megaphone.fm/adchoices

The co-host of the popular NPR podcast Planet Money provides a well-researched, entertaining, somewhat irreverent look at how money is a made-up thing that has evolved over time to suit humanity's changing needs. Money only works because we all agree to believe in it. In Money, Jacob Goldstein shows how money is a useful fiction that has shaped societies for thousands of years, from the rise of coins in ancient Greece to the first stock market in Amsterdam to the emergence of shadow banking in the 21st century. At the heart of the story are the fringe thinkers and world leaders who reimagined money. Kublai Khan, the Mongol emperor, created paper money backed by nothing, centuries before it appeared in the west. John Law, a professional gambler and convicted murderer, brought modern money to France (and destroyed the country's economy). The cypherpunks, a group of radical libertarian computer programmers, paved the way for bitcoin. One thing they all realized: what counts as money (and what doesn't) is the result of choices we make, and those choices have a profound effect on who gets more stuff and who gets less, who gets to take risks when times are good, and who gets screwed when things go bad. Lively, accessible, and full of interesting details (like the 43-pound copper coins that 17th-century Swedes carried strapped to their backs), Money is the story of the choices that gave us money as we know it today.