iPlayer Radio What's New?
Image for What Is Money?

Listen now 30 mins

Listen in pop-out player

What Is Money?

Duration:
30 minutes
First broadcast:
Monday 26 March 2012

We dream about it, argue about it, worry about it, celebrate it, spend it, save it, we transfer it from one emotion to another. But what exactly is money? And why do we trust it? Frances Stonor Saunders takes a journey through some of the fundamentals of money.
During her journey she dips her toe into the world of quantitative easing. How is that money invented? Is it as real as the pieces of paper in our wallets? And she explores some of the reasons for the calls to return to a gold standard. Essentially, she tries to gain a better understanding of what this stuff which we call money is really about; how and why do we maintain our faith in it, or has it just become too complicated?

  • READ THE TRANSCRIPT

    READ THE TRANSCRIPT

    Read and download the full programme transcript of Analysis: What Is Money?

    Read the transcript

Broadcasts

Featured in...

The Best of Analysis

The Best of Analysis

Exploring the ideas and forces which shape the world we live in.

Free download

  1. Image for Analysis

    Analysis

    Analysis makes sense of the ideas that change the world. What made Islam political, whether the…

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.