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    Wednesday 12 October 2022

    Money is 'A Made Up Thing' — but that doesn't change rising inflation

    Journalist Jacob Goldstein traces the advent of paper money back to 1000 AD China. Above, $100 notes are printed at the Bureau of Engraving and Printing in Washington, D.C.

    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.

    (Image credit: Mark Wilson/Getty Images)



    from Culture : NPR https://ift.tt/7aCgIHX

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