Money and Finance: Crash Course Economics #11

So, we've been putting off a kind of basic question here. What is money? What is currency? How are the two different. Well, not to give away too much, but money has a few basic functions. It...

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Adriene: Welcome to Crash Course: Economics. I'm Adriene Hill. Jacob: And I'm Jacob Clifford. And today we're going to talk about money and finance. Adriene: I know we said in the first episode that economics isn't really about money... Jacob: Economics isn't about getting rich quick, but it all boils down to trading things you have for the things you want. Adriene: Like, I've got this giant zucchini, but I'd love that piece of pizza. Want to trade? Jacob: No way! [Theme Music] Imagine you live in a world without money, and you're a dentist that wants to go buy a car. First you need to find a bunch of auto workers who need dental work. And if these workers don't want dental services and prefer being paid in something else...