Introducing: The Story of Money

Gillian Tett (0:00)

So, they say that money runs the world.

Robin Wigglesworth (0:02)

But the story of money itself, well, that's where things get really interesting.

Gillian Tett (0:05)

From wildcat banks on the American frontier.

SPEAKER_3 (0:08)

It was about as difficult to become a banker as it was to become a bricklayer. Many people viewed them as con men.

Robin Wigglesworth (0:15)

To ancient rulers wiping out debts thousands of years ago.

SPEAKER_4 (0:19)

When a king came to the throne, and Hammurabi did this himself, one of the very first things he did was to cancel everyone's debts. Lenders really did break the tablets on which the loans were recorded. People were free.

Gillian Tett (0:30)

History, but especially financial history, has an uncanny way of repeating itself.

Robin Wigglesworth (0:35)

How, you might ask? Well, we've got a brand new podcast that explains exactly how. The story of money from the Financial Times.

Gillian Tett (0:43)

Hosted by me, Gillian Tett.

Robin Wigglesworth (0:44)

And me, Robin Wigglesworth.

Gillian Tett (0:46)

Each week we go back in time.

Robin Wigglesworth (0:48)

To understand what the forces are that really shaped the financial world we live in today.

Gillian Tett (0:53)

Because whether it's artificial intelligence bubbles or the next big market crash.

Robin Wigglesworth (0:58)

Chances are, it's all happened before.

Gillian Tett (1:01)

And if you don't understand the past.

Robin Wigglesworth (1:03)

Well, you just might lose money in the future.

Gillian Tett (1:05)

So follow the story of money from the Financial Times. Launching April the 22nd. New episodes every week. Wherever you get your podcasts.