Standort: fm4.ORF.at / Meldung: "Today's Webtip: Real Money"

Dave Dempsey

Dave digs the Dirt, webtips, IT-memes and other online geekery. Also as Podcast.

16. 10. 2010 - 12:27

Today's Webtip: Real Money

it probably isn't what you think it is.

Money is a pretty freaky thing. Aside from the usual time spent thinking about not having enough and how to get more, it can be a serious trip to think about what it really is.

And that can leave you feeling like you are a participant in a mass hallucination.

Take the case of Brazil. A country drowning in 80% inflation. Until a government stepped in and gave four friends a chance to step up and try something new.

They created a fake currency. A fake currency that (yes I'm over simplifying) managed to stabilize the economy, reduce inflation, and eventually become the real thing.

Literally.

www.npr.org