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Runaway Money and Overconsumption, or... the Story of Monetary Mischief in Madagascar

Runaway Money and Overconsumption, or... the Story of Monetary Mischief in Madagascar

FromCrazy Town


Runaway Money and Overconsumption, or... the Story of Monetary Mischief in Madagascar

FromCrazy Town

ratings:
Length:
80 minutes
Released:
May 19, 2021
Format:
Podcast episode

Description

Way back when money consisted of iron pieces, if you wanted to buy a horse or some spices to season your horse meat, you practically had to carry an olympic weightlifting set with you. Early bankers figured out how to clear that obstacle (and prevent a lot of hernias and back injuries) when they invented paper money. Over time all-too-clever financiers cleared more and more obstacles that kept people from accessing and spending money. Today’s world of online purchases, easy credit, and cryptocurrency represents a huge ramp-up in the speed and ease of economic transactions. Yes, some of the inconveniences of yesteryear are gone, but this ramp-up is partly to blame for our problems with overconsumption, climate change, and habitat loss. Join the Crazy Townies as they swap stories around the virtual fire about spending virtual money in the virtual world. And  get advice on how to do the opposite from Nate Hagens, expert on energy, ecological economics, and finance. Support the show (https://www.postcarbon.org/supportcrazytown/)
Released:
May 19, 2021
Format:
Podcast episode

Titles in the series (100)

With equal parts humor and in-depth analysis, Asher, Rob, and Jason safeguard their sanity while probing crazy-making topics like climate change, overshoot, runaway capitalism, and why we’re all deluding ourselves.