On Yap, money can be too heavy to move

HERE’S THE INTERESTING PART

Forget crypto and digital wallets; these absolute chads decided that heavy, immobile rocks are the perfect medium of exchange. If a rock sinks in the ocean, they just agree you still own it. Truly, money is just a collective hallucination.

From the Stacky collection1 min read

On Yap, money can be too heavy to move — STACKY / Economy

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Economy

The currency that survived its dictator

Sometimes a piece of paper is so stubborn it outlives the dictator who commissioned it. After the Gulf War, Saddam Hussein printed new, cheap money and…

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Why $100 bills outlive $1 bills

The higher the value, the lazier the bill. A $1 note constantly changes hands, getting crumpled, folded, and stuffed into pockets, giving it an average…

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The store loyalty points people used as money

In a beautiful display of Canadian politeness and economic absurdity, Canadian Tire stores issued so much colorful loyalty paper money that it became a de…

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Seventeenth-century Sweden established a national currency backed almost entirely by copper, which forced citizens to conduct basic daily business using incredibly massive, completely impractical slabs of heavy metal.

Seventeenth-century Sweden established a national currency backed almost entirely by copper, which forced citizens to conduct basic daily business using…

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Economy

A $100 bill costs just 17 cents to print

The government spends mere pennies to produce a piece of woven paper that society collectively agrees is worth a hundred times that amount. It is the greatest…

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Philippine government officials printed the largest legal tender banknote in global history in 1998, a massive piece of paper larger than a standard sheet of typing paper that was intended to celebrate their centennial.

Philippine government officials printed the largest legal tender banknote in global history in 1998, a massive piece of paper larger than a standard sheet of…

Discover more

On Yap, money can be too heavy to move

A bigger world.One discoveryat a time.

Keep exploring

The currency that survived its dictator

Why $100 bills outlive $1 bills

The store loyalty points people used as money

Seventeenth-century Sweden established a national currency backed almost entirely by copper, which forced citizens to conduct basic daily business using incredibly massive, completely impractical slabs of heavy metal.

A $100 bill costs just 17 cents to print

Philippine government officials printed the largest legal tender banknote in global history in 1998, a massive piece of paper larger than a standard sheet of typing paper that was intended to celebrate their centennial.

A bigger world.
One discovery
at a time.