Crazy Town
Crazy Town
Post Carbon Institute
Runaway Money and Overconsumption, or... the Story of Monetary Mischief in Madagascar
1 hour 19 minutes Posted May 19, 2021 at 10:00 am.
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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 crypto...