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Why money is the biggest shared hallucination in human history artwork
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Why money is the biggest shared hallucination in human history

Behind The Money with the Financial Times by Topher Forhecz

May 13, 202644:44Business

What is money? And what can a small island in Micronesia teach us about how it works? On Yap, a remote island in the western Pacific, giant calcite “Rai” stones once functioned as currency, where ownership and collective...

About This Episode

Why money is the biggest shared hallucination in human history is an episode from Behind The Money with the Financial Times by Topher Forhecz. What is money? And what can a small island in Micronesia teach us about how it works? On Yap, a r...

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Episode Details

Published May 13, 2026, 44:44 long, audio available.