Money Is Imaginary. Should You Trust It?

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The value of money all comes down to TRUST. When did we transition from the barter system to using money? And why does everyone trust a system that isn't based in a physical reality anymore?

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Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions.

Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson
Directors: Katie Graham & Andrew Matthews
Written by: Andrew Matthews
Produced by: Katie Graham & Amanda Fox
Images by: Shutterstock
Music by: APM

Works Cited:

Yuval Noah Harari. Sapiens.
New York: HarperCollins (2105)

Jack Weatherford. The History of Money.
New York: Three Rivers Press (1997)

Justin Rowlatt (Dec. 8, 2013)
Why Do We Value Gold?
http://www.bbc.com/news/magazine-25255957

IMAGE CREDITS:

Wikipedia.org

Classical Numismatic Group

Видео Money Is Imaginary. Should You Trust It? канала Two Cents