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The History of Money

Dan Snow's History Hit

00:00

What Is Money?

"What is money? I don't even know what it is," says Jacob. "It's whatever you use to buy stuff, about that its that let down", he adds. But now that it doesn't even exist any more, even in a kind of pathetic, valueless physical form, it's even more complicated, right? Yet, if you think of money, you probably think of a piece of paper, right? We have paper money but most of your money, almost certainly, unless you're doing something very strange, is not paper."

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