The Promise Economy: How Is Money Created?
Have you ever thought about how money is created in our new digital era? If it is neither coins created from gold nor physical cash notes, what really happens when new digital money is created in our modern world? Together with Brett Scott, who is an author, monetary anthropologist and former financial broker, we investigated this seemingly simple, but in reality very complex question. You'll learn: The different types of money and the different roles they play in our society How digital money is created The unknown role of cash (and we're not talking about the right to pay with physical money) Why we should care about how money is created ________ About the guest Brett Scott is a journalist, campaigner, monetary anthropologist and former financial broker. He is the author of Cloudmoney: Cash, Cards, Crypto and the War for our Wallets (2022), and The Heretic's Guide to Global Finance (2013). He publishes the Altered States of Monetary Consciousness newsletter and tweets as @suitpossum