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How Does the Shape of Money Shape Life?

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Channel: PBS Idea Channel
Categories: Economics   |   Society / Culture   |   Social Science  
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Why Are Coins Round? Give it a think....

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Why are coins … round? It used to be, waaay back, there were more irregularly shaped, and even squared coins. But now there are only a few countries that do this. The Bahamanian 15 cent coin was minted until 2005; The Netherlands Antilles 5 cent piece got axed in 1985, but their 50c piece is still in production! There are a few others - but not many! Our money has the physical properties it does because, given the fervor of life, it’s gotta go fast. The circle is a convenient shape for coin speed; the rectangle, for similar reasons, for bills. But... there is a point at which, if money needs to move VERY quickly, it has to become something else entirely. That’s basically what we’re gonna talk about in this episode: how what we want money to be able to DO determines what it IS… and how what money is then determines, how we live. So join us today as we head to Wall Street, the New York Stock Exchange and beyond!

--COMMENT RESPONSES TO LAST WEEK’S EPISODE--
https://www.youtube.com/watch?v=X90Cbe3HC1w

--TWEETS OF THE WEEK--
https://twitter.com/patheticliform/status/849416061476896768
https://twitter.com/SillyPuttyKyle/status/849255622549884932
https://twitter.com/mechtroid/status/847987512291115008

Kyle Kallgren! https://www.youtube.com/user/oancitizen

--FURTHER READING & SOURCES--
http://www.nytimes.com/1989/12/16/nyregion/soho-gift-to-wall-st-a-3-1-2-ton-bronze-bull.html

http://www.zerohedge.com/news/2016-04-13/inside-real-nerve-center-market-where-wall-street-actually-transacts

https://www.bloomberg.com/news/articles/2016-04-13/inside-equinix-s-ny4-data-center-where-wall-street-trades

http://www.marketwatch.com/story/this-is-the-last-photo-well-ever-run-of-the-nyse-trading-floor-2014-10-01

https://www.forbes.com/forbes/2010/0927/outfront-netscape-jim-barksdale-daniel-spivey-wall-street-speed-war.html

--ASSET LINKS--

01:10 Royal Sovereign Electric Bill Counter w- Value Counting (RBC-4500)
https://www.youtube.com/watch?v=cjOP_cwSRf8

01:26 Application of a Wax Seal
https://www.youtube.com/watch?v=BWP3qb-Gzro&t=1s

2:34 Slow Motion Quarter Spinning
https://www.youtube.com/watch?v=1cypn9AN7_8

2:41 Spinning Coin (Panasonic Lumix FZ1000 Full HD Slow Motion Video)
https://www.youtube.com/watch?v=W8i43UDvono

2:43 COUNTING MONEY BY X
https://www.youtube.com/watch?v=JIlDe53pXhA&t=73s

2:44 SC Advance Video
https://www.youtube.com/watch?v=Y4OzonzRg_U

3:16 Wall Street Warriors Episode 5 Season 2 HD
https://www.youtube.com/watch?v=-zayySaZMIw

3:20 Snap Inc., parent company of Snapchat, makes its debut on the New York Stock Exchange.
https://www.youtube.com/watch?v=zPEOBX-cQ8E

3:41 Photos of Maestro Arturo Di Modica and Charging Bull
http://chargingbull.com/

5:14 FLOORED The Complete Documentary Film
https://www.youtube.com/watch?v=--H8SY334Zw

5:21 Wall Street trader's NYSE tour
https://www.youtube.com/watch?v=ns7kfI_apwk

5:47 & 6:44 Wall Street- The speed traders
https://www.youtube.com/watch?v=WstJM_aNSj8

6:51 Watch high-speed trading in action
https://www.youtube.com/watch?v=2u007Msq1qo

10:19 The Great HFT Debate With Michael Lewis On CNBC
https://www.youtube.com/watch?v=RcpmHyPD_PY

10:24 High Frequency Trading by WEED e.V.
https://www.youtube.com/watch?v=z4nCTdQlH8w

11:10 Coin Carriers Aka Plastic Tubes Replace Money Bags In Banks (1968)
https://www.youtube.com/watch?v=xHzjtCuzKs8

11:13 Late 1960s King's Road London, 60s Fashion, Street Style, 35mm Archive Footage
https://www.youtube.com/watch?v=krqLyMt3sPQ

11:47 FLOORED The Complete Documentary Film
https://www.youtube.com/watch?v=--H8SY334Zw

11:56 Watch high-speed trading in action
https://www.youtube.com/watch?v=2u007Msq1qo

12:02 Wall Street- The speed traders
https://www.youtube.com/watch?v=WstJM_aNSj8

12:35 Wall Street Warriors Episode 5 Season 2 HD
https://www.youtube.com/watch?v=-zayySaZMIw


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http://artsparrow.com/

----------------------------------------­­­­­­­­­­­­­­­­­------------------------­-­-­-­-
Written and hosted by Mike Rugnetta (@mikerugnetta)
(who also has a podcast! Reasonably Sound: http://bit.ly/1sCn0BF)

Made by Kornhaber Brown (http://www.kornhaberbrown.com)

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