Money Logics
By Creators Obomedia
Categories: Education, Business, Society & Culture
Have you ever really wondered how banks get rich while paying you almost nothing to keep your money? Money Logics is an economics podcast that explains the surprising logic behind money, prices and markets, the hidden rules behind every dollar you earn and spend. It's economics explained through real financial crises, with stories made of bubbles, hidden fees, strange laws and fortunes made and lost overnight.Every episode follows one big real story from its very first moment all the way to its final cost. Along the way, nine smaller money surprises each add a piece of the answer, so the full picture builds as you listen. It's told through simple scenes with round numbers, the belief everyone repeats and what really happens, with dry humor and honesty about the evidence. Every episode stands on its own, so you can start with whichever one catches your eye.The show also follows the ordinary people who live with the numbers, the savers, workers and families who pay for decisions made far above them. By the end of each story, you'll see your paycheck, your shopping and your savings a little differently.As for those banks, most of the money in a modern economy isn't coins or bills but numbers that banks create in accounts when they lend, and the show tells you where the evidence is solid and where economists still argue. New episodes arrive every Monday and Thursday at 7 PM Eastern. Follow Money Logics so you never miss an episode. Hosted on Acast. See acast.com/privacy for more information.
11 episodes indexed on PodSearch.
Recent episodes
- The Tax Hedge Nobody Was Allowed to Cross
A hedge of thorny bushes once ran about two thousand miles across India, and guards patrolled it every day. You'd expect a wall that long to be built against invaders, which makes a barrier against a seasoning seem impossible. The answer is waiting here, along with other strange truths about…
- How Did Starving Prisoners Invent Money Overnight
In nineteen forties prison camps, a single cigarette could buy a slice of bread, and men who never smoked still hoarded them. Money should come from governments, yet a camp with none invented its own in days. The answer is inside, along with a few other strange truths about your own week's…
- How a Ruined Pastry Shop Sent Warships to Mexico
In eighteen thirty eight, a French pastry cook's complaint helped send warships to Mexico. A pastry shop should never matter to two governments, yet it did, and it shows how small claims become big pressure in money matters today. The answer is inside, along with a handful of other strange truths…
- The Fish War Where Warships Rammed Each Other Over Dinner
In the nineteen fifties and seventies, Iceland sent coast guard boats with wire cutters against British trawlers and warships over cod. Two NATO allies weren't supposed to fight, and a fish dinner wasn't supposed to start a naval war. The answer and a handful of other strange truths about money…
- The Cheap Yellow Fruit That Once Ran Whole Governments
A fruit that costs about a quarter was once named in the same breath as coups across Central America. It should be impossible for a snack that cheap to matter, and yet it did. The answer is inside, along with a handful of other strange truths about money, and all of it starts with a pension that a…
- Why Only One Corner of France May Sell You Champagne
A bottle in one shop costs far more than the same wine made forty miles away, and the label is the only difference. The grapes and the method match, so the extra price should not exist at all. The answer and a handful of other strange truths about money are inside, ending on a small town name…
- Why Your Sneaker Wore a Fabric Patch to Dodge a Tax
A small fabric patch sewn onto the bottom of a Converse sneaker cut the import duty from thirty seven percent to about nine percent. Customs law taxes shoes by material, so a scrap of cloth shouldn't change what a shoe legally is, yet it did. The answer, along with other strange truths about the…
- Free Dishes and the Bank That Knew You Were Already Leaving
A bank in the nineteen thirties handed out free dinner plates to anyone who opened an account, and it worked better than any interest rate the bank could legally offer. Banks were failing by the hundreds, so a piece of crockery shouldn't have been enough to keep anyone's savings in place. The…
- The Law That Fed the Rich While Starving the Poor
A law was repealed in Britain in eighteen forty six, and the price of bread didn't fall. Everyone said removing the grain tariff would make food cheaper overnight, so the silence in the bakery the next morning should have been impossible. The real story of who gained first, how a private fire…
- When the Money You Trusted Was Borrowed From Tomorrow
Eight currencies across a booming continent collapsed within months of each other in the summer of 1997, with no war and no obvious warning. These weren't struggling economies: exports were rising, foreign investment was flooding in, and growth looked real. The answer, along with a can of iced tea…
- The Company That Sold Shares in Nothing at All
In seventeen twenty, a company with almost no real trade watched its stock rise nine hundred percent in eight months, drawing in Parliament, the Governor of the Bank of England, and Isaac Newton himself. A company needs revenue to justify a price, yet this one had almost none. The answer and a…
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