THE COLOUR OF MONEY



I remember I think in economics class we learned about this one culture where they used these huge sandstone discs for money, with holes in the middle of them but I think still impossible to carry Kind of like the one that Obelix carries in the cartoon books Asterix and Obelix, you know? 



Why did they do that? I don’t know, I think maybe so it would be harder to steal money. So I guess different money systems have their advantages and disadvantages. Some are better at solving certain challenges associated with money, whether it be liquidity, making it harder to steal, making it easier to carry, etc.    


Well, for me cryptocurrency is cool, because it retains the positive elements of the gold standard (only a limited amount available, countries can’t just increase the amount of cryptocurrency to try and artificially stimulate the economy). 


H2
H3
H4
3 columns
2 columns
1 column
5 Comments