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Why humans invented money | Niall Ferguson and Lex Fridman 

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30 окт 2024

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Комментарии : 28   
@sicknado
@sicknado 2 года назад
"We addict to territory, this is war. Our turf. Our land. Before agriculture, nobody had land, land was something you walked around on with your herd. We all do this. We are addicted to caffeine, outrageous caffeine addictions. Money, sugar, praise...television. Now this is the favorite one to talk about because television is the forerunner of very insidious drugs to come. It's just the crudest and the first." - Terence McKenna
@JIMIB1980
@JIMIB1980 2 года назад
Sounds like Terrance was predicting smartphone/social media addiction. 🍄
@carlotonydaristotile7420
@carlotonydaristotile7420 3 года назад
I learned something new today. They had crypto long long ago in the form of paper.
@hrsjohnny
@hrsjohnny 3 года назад
Clay tablets in the ancient mesopotamia :) this man is a legend!
@nickj.7876
@nickj.7876 3 года назад
Love these vids Lex! Hope you keep em coming, thanks!
@sagarpat311
@sagarpat311 2 года назад
Excellent, excellent clip. Thank you both!!!!
@CodCats
@CodCats 3 года назад
ancient 5,000 years ago? crazy how the universe is only 13b years old compared to how long it will live
@frankyu6984
@frankyu6984 11 месяцев назад
I knew a guy who used to just throw his coins in the trash because he hated them in his pocket.
@submariner6g
@submariner6g 3 года назад
What is his aspect in inflation based on these particular beliefs? Interest.
@claytontucker8179
@claytontucker8179 3 года назад
Also for made for a weight to value of product exchange making prices similar or equal. Instead of barter undoing with another having short end of stick lol
@jackwachtel-scott8000
@jackwachtel-scott8000 3 года назад
The reason money was invented is so that I can buy a bag of apples and not have to pay for it with half a dozen bagels.
@J4ww44d
@J4ww44d 2 года назад
Completely untrue
@jackwachtel-scott8000
@jackwachtel-scott8000 2 года назад
@@J4ww44d If you had a sense of humor you might see the grain of truth in my comment.
@robinhylands69
@robinhylands69 2 года назад
@@jackwachtel-scott8000 Or seed of truth. Since we're talking about apples+, not just bagels.
@jackwachtel-scott8000
@jackwachtel-scott8000 2 года назад
@@robinhylands69 Seeing as we are talking about "dough" I think grain is appropriate.
@elise9537
@elise9537 2 года назад
@@jackwachtel-scott8000 hugs. cute comment! sometimes ppl like him make me feel lonely in the world :)
@godblessCL
@godblessCL 3 года назад
To pay politicians
@babydragon2047
@babydragon2047 3 года назад
Social leverage
@xithepooh
@xithepooh 3 года назад
It's not that. Listen to what he says, it's just credit and debt. It has not directly associated with social leverage
@babydragon2047
@babydragon2047 3 года назад
@@xithepooh righto
@NorthwestNicholas
@NorthwestNicholas 3 года назад
Cash is for boomers, Bitcoin is the future.
@nicholasdoyle7715
@nicholasdoyle7715 3 года назад
Money has one function: Make progress too expensive.
@vonBottorff
@vonBottorff 3 года назад
How about _The Descent of Money_ since robots, computers don't use money, rather, electrons? He keeps saying "creditor and debtor." There won't be creditors and debtors when most everything is automated. Yes, automation will be owned by "capitalists" for the near term -- and they'll want to play creditor-debtor games. But eventually that will have to go away (as the 1% becomes the 0.01% and the rioting can't be quelled) and the automation will simply be producing in the background, i.e., stuff for free. What remains of a traditional economics might be the really limited, choice things like seaside real estate; but that will be more merit-based, since money will no longer be around. Lex! You keep scrounging up these Austrian Schoolers! Aaagh!
@SmoothHov24
@SmoothHov24 3 года назад
Double coincidence of wants
@FREDSharPeiXbully
@FREDSharPeiXbully 3 года назад
Quasi money, owned by many.
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