An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Tuesday, February 4, 2020
Emotional Currency: How Money Shapes Human Relationships
A superb podcast about money, relationships, and how we hardly ever used barter before we invented money - we simply did each other favours. Of course, we all keep a mental record of who owes us what, but that isn't strictly true either.
I tweeted back saying it might sound business like (keeping a mental record of who owes what), but we make friendships this way, where we start to like each other. But they talk about this at the end of the podcast.
They ask in the podcast what would happen if we all paid our debts up - but this would never happen, they said, because our relationships are all about sharing, and sharing fairly? We like being friends and helping each other out. Our relationships are built around the favours we owe each other, even if the favour is just being a good friend.
Emotional Currency: How Money Shapes Human Relationships
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