Category Archives: Stone Money

Stone Money—jets

Symbolizing Wealth To understand the actuality of “money” or “currency” you must first understand the concept that it is not real. Money is no more than a piece of printed paper, it is the extent of value in which we … Continue reading

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Stone Money- doorknob9

Money Is What You Make It In the NPR broadcast “The Invention Of Money” reported by the Planet Money team and in Milton Friedman’s essay “The Island Of Stone Money”, they go on to explain the story of the island … Continue reading

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Stone Money–nj908

Stone Money and Its Relation to American Money Located in the Pacific Ocean and in Micronesia, is the Island of Yap. They established a different type of currency than what a person is accustomed to. With no metal on the … Continue reading

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Invention of Money Rewrite- Eddie Jahn

Money is a concept that is people over look. Reading about the stone money from the small island called Yap has made me realize how interesting money is. The stone money that was used on Yap (which was called fei) … Continue reading

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Invention of Money Re-write Bill Brooks

The concept of money has always intrigued me, the thought that a 6 by 3 piece of polycotton-linen paper can hold value is truly remarkable.  The article has not really changed my view of how abstract the concept of money is because … Continue reading

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Invention of Money – Bill Brooks

The concept of money has always been something that has intrigued me, the thought that a 6 by 3 piece of polycotton-linen paper can hold value is truly remarkable.  The article has not really changed my view of how abstract … Continue reading

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Money Rewrite–Eddie Jahn

Currency is a unique concept to think about.  From fei, to dollars, to gold, it is a hard thing to really think about. People do not even see most of the money they own the closest they get to seeing … Continue reading

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Money Revised–Jonathan Otero

At first, the story of the people of Yap sounded completely foreign and abstract to me. I thought they were some fictional people with very ambitious methods of presenting wealth because of the massiveness of their currency, fei. I couldn’t grasp … Continue reading

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Money Revised ~ Tony Shilling

The study of commerce could take up a semester’s-long course in it of itself, where from the philosophy of  money to the functionality of it serves to be examined.  Money, sadly, cannot simply be made and put to use immediately; … Continue reading

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Money Revised–Cassie Hoffman

The concept of money and what it’s worth to society is something that most people probably don’t think about often. We make money, we spend money, we lend money, we borrow money, but what does that money really represent and … Continue reading

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