An audio newsletter taking a closer look at how money works and how it affects the world around us.
questioningmoney.substack.com (https://questioningmoney.substack.com?utm_medium=podcast)
Hi All,
Here in the US, we think that we can use dollars for everything. Since the USD is the strongest currency in the world, can’t we use it for both spending and saving?
Most of the world doesn’t work this way. When you have a currency in a developing country that doesn’t hold value well, you can’t store wealth over time in that currency. People in these countries have a multi-currency mindset. They spend in the local currency but try to save in US dollars, since dollars hold value better.
Us though? We only think in dollars. Yet we intuitively know that we can’t just save money by keeping it in the bank. We need to ‘make our money’ grow, right? So we invest it.
Well - investing and saving are not the same thing. And this turns out to have consequences.
Take a listen to learn about how American saving has become financialized, and why people in the US need to start adopting a multi-currency mindset.
If you like the newsletter - please subscribe. You can also follow me on Twitter @seancover. If you have any questions, feel free to email me at questioningmoney@tuta.io.
Thanks for listening!
Sean
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit questioningmoney.substack.com (https://questioningmoney.substack.com?utm_medium=podcast&utm_campaign=CTA_1)
16 Feb 2021
QM024 - Money is Time
Hi,
Most of us have heard the expression that time is money. When people say that, they’re saying that their time is valuable so you should probably stop wasting it.
The expression is backwards though. It’s not that time is money. It’s really that money is time.
What do I mean? Money is how we store time. When you work for 8 hours, you have converted your labor into that pay. You are storing the time you spent in the form of money.
Our modern system of money messes this up though. This one is a little bit cosmic. Buckle up.
If you like the newsletter - please subscribe. You can also follow me on Twitter @seancover. If you have any questions, feel free to email me at questioningmoney@tuta.io.
Thanks for listening!
Sean
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit questioningmoney.substack.com (https://questioningmoney.substack.com?utm_medium=podcast&utm_campaign=CTA_1)
28 Dec 2020
QM023 - Central Bank Digital Currencies
Hi,
As the world has become increasingly digital, so too will our money. You may have heard of regions like China and Europe are considering launching digital currencies, but what does that mean? What’s the difference between a digital currency and the debit/credit card banking system we have today?
Central Bank Digital Currencies (CBDC) are the next evolution that our monetary system will take and they present numerous possibilities for the future of finance. Not all of what CBDC’s have to offer is good though…
If you like the newsletter - please subscribe. You can also follow me on Twitter @seancover. If you have any questions, feel free to email me at questioningmoney@tuta.io.
Thanks for listening!
Sean
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit questioningmoney.substack.com (https://questioningmoney.substack.com?utm_medium=podcast&utm_campaign=CTA_1)
Reach and audience
Public platform figures. Ratings count people who left a rating, not total listeners.
Apple Podcasts (US)
4.7 / 5
3 ratings
Host of Questioning Money?
Claim your podcast to manage its listing and keep your show details accurate.
Pod Engine is an independent podcast discovery and analytics service and is not affiliated with or endorsed by this podcast. Artwork and show content belong to their owners. Full legal notice.
Explore this show Podcast research with Pod Engine
