DiscoverExplain It Like I’m 5How Did Money Start? (Did People Really Trade Goats for Shoes?)
How Did Money Start? (Did People Really Trade Goats for Shoes?)

How Did Money Start? (Did People Really Trade Goats for Shoes?)

Update: 2025-10-20
Share

Description

How did money begin? And did people really swap goats for shoes? In this episode of Explain It Like I’m 5, Alex traces the quirky, creative, and sometimes downright strange history of money.


From barter systems and cacao beans to cowrie shells, giant stone discs, gold coins, and paper bills, we’ll explore how humans went from trading goats to trusting paper, digital numbers, and even cryptocurrencies.


Along the way, you’ll hear fun facts (like why “salary” comes from salt and how Sweden is close to ditching cash entirely) and discover why money isn’t just stuff—it’s trust.


New episodes every Monday and Wednesday!

Comments 
loading
In Channel
loading
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

How Did Money Start? (Did People Really Trade Goats for Shoes?)

How Did Money Start? (Did People Really Trade Goats for Shoes?)

Alex