Ascent of Money 1

I find it to be a very interesting idea that the way that we use currency and value items has not only changed over history, but the way that we organize and utilize money has also evolved. The way money greatly controls the world and impacts our life on a daily basis, has greatly normalized the systems in which money flows, that it is strange for me to hear that money (and the systems around it) hasn't been a simple unchanging truth that has stayed consistent for centuries. Currency as simply being credit that relies on a trust in a system that the credit will stay relatively stable, at least enough to rely on is fascinating. The more I learn it seems to me that so much around money and how economic deals work is that there is a trust in the system, trust in other people, and trust in the concept of money itself that gives it the value to impact so much. The credit as a physical form of faith is introduced quickly in the video so it makes since to go into lending money as they do in the video. Money as a concept seems to me to reflect human nature in how we want to try and understand our world and make it more simple to interact with, and so it makes since that we would do that by assigning a set value to different objects. Lending also seems reasonable. It's a way for two people to make an agreeable deal that benefits both of them (in theory). One person has immediate benefits, another person gets paid in turn not only the money that they gave, but interest for the trust and patience that they gave to the person. The complexity of giving such abstract concepts a numerical value feels so complex and so fitting for a species that is social and highly evolved.

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