Robin Wigglesworth

So essentially, large parts of the economy ran on dodgy money or even fake money.

And the crazy thing is that people didn't really care because they needed something to kind of be pretend money at least.

And this worked, you know.

The relevance today is to do with stable coins and crypto.

They're also things that people have kind of made up out of air and that we kind of think has money or some sort of value.

And it's a collective illusion because it's useful or profitable.

But at some point, sometimes the music stops.

but really that financial history is really cool and interesting.

And look, I have a hard time convincing my kids of this, but it's genuinely true.

I mean, I love this stuff.

It is so riveting and interesting and fun, even if it wasn't relevant for today.

But it is like that quote you said, to understand where we're going, you have to understand where we came from.

There's so many things today in the world that, look, I'm not going to say are great, but at least makes more sense if you understand where they came from.

And that's true for financial history as well.

I hope so.

I hope so.

But the story of money itself, well, that's where things get really interesting.

To ancient rulers wiping out debts thousands of years ago.

How, you might ask?

Well, we've got a brand new podcast that explains exactly how.