Most of us go through our days without ever thinking about how money works. We know that we need money, and we have a lot of opinions about how money should be spent, but we don’t really understand how our system of money actually functions.
It turns out that how a system of money is designed has significant impacts on the society that builds on top of it - often in ways we don’t realize. Civilizations are built on top of systems of money, and as such, money influences our lives in ways that are not strictly financial.
This course will teach you the following:
- What really is money? And what role in society is it supposed to fill?
- The history of money from pre-money societies through the present day.
- How modern money really works, and some of the tradeoffs the system chooses. For example, the rise in income inequality over the last 50 years can be partially explained by how our current monetary system works.
- Where money is heading in the future.
After completing this course, you will have a far greater understanding of how money works and the importance it plays in our society. I hope that after you finish, your interest will be piqued and you’ll be looking for more information to keep learning about this fascinating topic.