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Why does money cost so much?

Jul 31, 2022
1h 31m

Episode Description

From gold to paper to nothing, money today is very abstract. Did you know that 90% of the money today isn’t real?! Money (not love) is probably the greatest conqueror of all, uniting cultures of all time. It's present in everyone’s lives. But how did we reach where we are today? In this first episode of Udaan Untethered, we explore the evolution of money, from barter to paper and speculations into the future.


References

  1. Sapiens, Yuval Noah Harari  https://amzn.to/3bcuHk5
  2. Think School - https://www.youtube.com/c/ThinkSchool
  3. 3Blue1Brown on Bitcoin - https://www.youtube.com/watch?v=bBC-nXj3Ng4
  4. The Big Short - https://www.imdb.com/title/tt1596363/

We'd love to hear your thoughts! Email us at udaan@iittp.ac.in!

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