1 00:00:00,280 --> 00:00:02,840 Speaker 1: Brought to you by the reinvented two thousand twelve camera. 2 00:00:03,160 --> 00:00:07,560 Speaker 1: It's ready. Are you welcome to Stuff you should know 3 00:00:08,160 --> 00:00:16,479 Speaker 1: from House Stuff Works dot Com? Hey, and welcome to 4 00:00:16,520 --> 00:00:20,159 Speaker 1: the podcast. I'm Josh Clark with a barely awake Charles W. 5 00:00:20,320 --> 00:00:25,200 Speaker 1: Chuck Bryant. Who's drowsy? I'm not drowsy. You look drowsy? Really, Yeah, 6 00:00:26,560 --> 00:00:28,680 Speaker 1: that's totally different. When you get to be forty, you 7 00:00:28,720 --> 00:00:31,120 Speaker 1: just you look drowsy all the time. Are you rested? 8 00:00:31,720 --> 00:00:34,960 Speaker 1: I just woke up? Crud? Yeah, I got something to 9 00:00:35,000 --> 00:00:38,560 Speaker 1: look forward to all downhill, buddy, I'll tell you something 10 00:00:38,640 --> 00:00:42,320 Speaker 1: that the prisoners in Florida's state penal system have something 11 00:00:42,360 --> 00:00:47,440 Speaker 1: to look forward to, springs off fall. In addition to that, okay, 12 00:00:48,120 --> 00:00:52,880 Speaker 1: buying honey buns at the commissary? Is that? Is that 13 00:00:52,960 --> 00:00:55,720 Speaker 1: the new guy on sub black Sea? You know what 14 00:00:55,840 --> 00:00:58,400 Speaker 1: I wrote about this, and somebody had a funny comment 15 00:00:58,480 --> 00:01:02,640 Speaker 1: like that honey buns joke? Yeah, uh no, which is 16 00:01:02,720 --> 00:01:05,800 Speaker 1: really terrible joking. I think about it, but um no 17 00:01:06,160 --> 00:01:09,600 Speaker 1: actual honeybuton you know, like the pastry dessert. It's the best. 18 00:01:09,680 --> 00:01:12,800 Speaker 1: Love it, do you? It depends on which brand you're 19 00:01:12,800 --> 00:01:15,039 Speaker 1: talking about. In my opinion, Krispy Kreme honey buns are 20 00:01:15,080 --> 00:01:19,360 Speaker 1: pretty rocking. I never tried about are they frosted? Oh, 21 00:01:19,440 --> 00:01:23,440 Speaker 1: I've got to try one of those. I had no idea. Yeah, wow, Okay, Well, 22 00:01:23,480 --> 00:01:26,440 Speaker 1: the ones I'm talking about coming cellophane. They're sold for 23 00:01:26,440 --> 00:01:30,399 Speaker 1: about a buck or so UM in prison, so you know, 24 00:01:30,480 --> 00:01:32,840 Speaker 1: it's not the greatest brand on the planet probably probably 25 00:01:33,360 --> 00:01:37,240 Speaker 1: um And apparently in Florida, I think around the country, 26 00:01:37,240 --> 00:01:40,560 Speaker 1: but in Florida in particular, they're like the new prison currency. 27 00:01:40,640 --> 00:01:43,800 Speaker 1: Honey buns are because it's a new product that people 28 00:01:43,840 --> 00:01:46,440 Speaker 1: just crave. No, it's just been kind of quietly building 29 00:01:46,520 --> 00:01:48,960 Speaker 1: up over time, and everybody's been making the cigarette joke 30 00:01:49,080 --> 00:01:52,840 Speaker 1: for decades and didn't noticed that, actually tobacco is out 31 00:01:52,880 --> 00:01:55,680 Speaker 1: sold in the in the Florida State penal system by 32 00:01:55,720 --> 00:02:00,000 Speaker 1: honey buns. Everybody loves a honeybun. Yeah, so we're envelope. 33 00:02:01,240 --> 00:02:05,080 Speaker 1: They're like the number one seller in state prisons in 34 00:02:05,120 --> 00:02:08,839 Speaker 1: the county. In the county lock up, uh free dried 35 00:02:08,880 --> 00:02:12,800 Speaker 1: coffee and ramen noodles still outsell honeybuts. But if you're up, 36 00:02:12,840 --> 00:02:16,120 Speaker 1: if you're up the river in the state, honey buns 37 00:02:16,160 --> 00:02:18,640 Speaker 1: are number one. Wow, and then envelopes because people are 38 00:02:18,680 --> 00:02:22,360 Speaker 1: clearly like to write their letters, right, yes, or they 39 00:02:22,440 --> 00:02:25,760 Speaker 1: use envelopes as napkins for hunting buns. It's just dumb 40 00:02:25,800 --> 00:02:28,080 Speaker 1: if it seems like they would give them envelopes. Come on, 41 00:02:28,080 --> 00:02:30,520 Speaker 1: if these guys are gonna take the time to write, somebody, 42 00:02:31,360 --> 00:02:34,320 Speaker 1: give them an envelope. No, you gotta buy it, Yeah, 43 00:02:34,520 --> 00:02:41,359 Speaker 1: with your thirty five cents an hour making license plates anyway. Um, 44 00:02:41,840 --> 00:02:47,280 Speaker 1: so these honey buns are They're used as bribes for protection. Um. 45 00:02:47,320 --> 00:02:52,440 Speaker 1: They're used in exchange for other food items, maybe some 46 00:02:52,560 --> 00:02:55,400 Speaker 1: envelopes if you're running low. Right, they're used for bets 47 00:02:55,440 --> 00:02:59,519 Speaker 1: as wagers. Seriously, there's a really cool article in St. 48 00:02:59,520 --> 00:03:01,920 Speaker 1: Petersburg Times that was really well written about it. Right, 49 00:03:02,760 --> 00:03:05,080 Speaker 1: but what these people are doing, Let's say in the 50 00:03:05,120 --> 00:03:09,840 Speaker 1: case of a bribe, Let's say, um, Todd, the white 51 00:03:09,840 --> 00:03:13,640 Speaker 1: collar criminal who somehow ended up in a state prison, 52 00:03:14,120 --> 00:03:18,200 Speaker 1: is paying Tiny, the ironically named huge guy, for protection 53 00:03:18,440 --> 00:03:23,919 Speaker 1: in honey buns. What's going on there is bartering. Todd 54 00:03:24,440 --> 00:03:31,640 Speaker 1: is bartering a honey bun in exchange for Tiny's service protection, 55 00:03:32,480 --> 00:03:35,240 Speaker 1: beating the tar out of guys who want to take 56 00:03:35,480 --> 00:03:39,720 Speaker 1: Todd's honey buns or he himself not doing that with 57 00:03:39,840 --> 00:03:42,640 Speaker 1: his own cronies. Now that's a racket, that's that's not 58 00:03:42,680 --> 00:03:47,080 Speaker 1: necessarily the same thing. Oh yeah, still trading without money, 59 00:03:47,200 --> 00:03:50,560 Speaker 1: I guess. So okay, So, so we've finally reached the 60 00:03:50,720 --> 00:03:54,040 Speaker 1: end of that god awful intro and we're now talking 61 00:03:54,040 --> 00:03:59,160 Speaker 1: about bartering, Chuck bartering new or old old old as 62 00:03:59,160 --> 00:04:03,640 Speaker 1: the hills, Uh, the earliest civilizations. Josh bartered for stuff 63 00:04:03,680 --> 00:04:07,320 Speaker 1: because there was no currency back in the day. So, 64 00:04:07,440 --> 00:04:11,200 Speaker 1: I mean, you know, caveman took took that. We always 65 00:04:11,200 --> 00:04:14,880 Speaker 1: talked about cooktok trades. Uh, you know animal pelt for 66 00:04:15,720 --> 00:04:19,520 Speaker 1: spear made from rhino horn. Yeah, because he's he's like, 67 00:04:19,560 --> 00:04:20,960 Speaker 1: I've never seen one of those, but I've got all 68 00:04:20,960 --> 00:04:23,440 Speaker 1: these great pelts, and you look a little cold. So 69 00:04:23,520 --> 00:04:27,440 Speaker 1: let's work out a deal here parting it is, And 70 00:04:27,680 --> 00:04:30,839 Speaker 1: you're absolutely right, it is pretty old. Um. It really 71 00:04:30,839 --> 00:04:35,400 Speaker 1: started to take off after we left our hunter gatherer roots, though. Yeah, 72 00:04:35,440 --> 00:04:37,760 Speaker 1: once we settled down into communities. Yeah, it made a 73 00:04:37,760 --> 00:04:41,120 Speaker 1: lot more sense. Um, you might be some sort of 74 00:04:41,160 --> 00:04:44,160 Speaker 1: farmer and end up with a surplus. You've got all 75 00:04:44,279 --> 00:04:47,800 Speaker 1: the grain you need, but you need some meat too, 76 00:04:48,560 --> 00:04:50,479 Speaker 1: And this guy over here has some pigs that have 77 00:04:50,600 --> 00:04:53,240 Speaker 1: been looking pretty delicious lately. So you trade them some 78 00:04:53,279 --> 00:04:55,600 Speaker 1: of your surplus grain for a pig, and the guy 79 00:04:55,640 --> 00:04:58,320 Speaker 1: who has pigs gets some of your grain, and he 80 00:04:58,360 --> 00:05:03,359 Speaker 1: has pigs. You have pigs and grain to everybody's happy. Yeah, 81 00:05:03,560 --> 00:05:05,600 Speaker 1: Jerry thinks this whole thing is funny for some reason. 82 00:05:06,960 --> 00:05:09,040 Speaker 1: Uh yeah, I mean that's how it all started. I 83 00:05:09,120 --> 00:05:12,600 Speaker 1: actually did a report in um elementary school. We had 84 00:05:12,640 --> 00:05:16,400 Speaker 1: to social studies report where we had to devise a 85 00:05:16,440 --> 00:05:18,720 Speaker 1: city of our own, like a town, and we had 86 00:05:18,720 --> 00:05:20,560 Speaker 1: to construct you know, how it all looked at and 87 00:05:20,560 --> 00:05:22,520 Speaker 1: what they did. And I was the only kid who 88 00:05:22,600 --> 00:05:26,080 Speaker 1: had a barter system instead of money. The teacher thought 89 00:05:26,120 --> 00:05:28,000 Speaker 1: at the time that that was very you know, a 90 00:05:28,080 --> 00:05:29,760 Speaker 1: very smart kid for doing that, because I was, you know, 91 00:05:29,800 --> 00:05:32,159 Speaker 1: like nine years old. Every once a while, you just 92 00:05:32,240 --> 00:05:35,479 Speaker 1: kind of like drift off while you're taking a shower 93 00:05:35,720 --> 00:05:38,640 Speaker 1: thinking about the congratulations the teacher gave you that day. 94 00:05:38,960 --> 00:05:43,120 Speaker 1: That was my last one congratulations chuck. So that has 95 00:05:43,120 --> 00:05:45,000 Speaker 1: stuck with me all these years though, that it's funny 96 00:05:45,000 --> 00:05:47,240 Speaker 1: that as a little kid, I thought bartering was kind 97 00:05:47,279 --> 00:05:50,120 Speaker 1: of a cool system, and it and it was and 98 00:05:50,160 --> 00:05:52,400 Speaker 1: it still is. We'll find out. Yeah, um, there's a 99 00:05:52,480 --> 00:05:55,440 Speaker 1: there's a lot of cool. Maybe cool is not the 100 00:05:55,520 --> 00:05:57,960 Speaker 1: right word. I don't think cool is an economics term, 101 00:05:58,360 --> 00:06:02,159 Speaker 1: but there's it has a lot of benefits and that uh, 102 00:06:02,400 --> 00:06:08,320 Speaker 1: Bartering generally doesn't lead to surplus, right, it leads to 103 00:06:08,520 --> 00:06:11,320 Speaker 1: um basically people just having what they need. Yeah, you're 104 00:06:11,320 --> 00:06:13,920 Speaker 1: exchanging something you need or something you have that someone 105 00:06:13,960 --> 00:06:16,719 Speaker 1: else needs for something that you need. And in most cases, 106 00:06:17,040 --> 00:06:19,640 Speaker 1: most cases, you don't want a whole lot of leftovers. 107 00:06:19,960 --> 00:06:22,400 Speaker 1: You just kind of you have something that you're willing 108 00:06:22,440 --> 00:06:26,159 Speaker 1: to exchange for something else. Everybody's seeking an even trade, 109 00:06:26,480 --> 00:06:29,800 Speaker 1: so nobody's giving anybody a lot more than they need 110 00:06:30,839 --> 00:06:33,720 Speaker 1: or you know, conversely screwing the other person over and 111 00:06:34,120 --> 00:06:37,000 Speaker 1: taking as much as possible because both parties have to 112 00:06:37,040 --> 00:06:39,839 Speaker 1: be cool with it. Right, there's no trade, so there's 113 00:06:39,880 --> 00:06:42,200 Speaker 1: not a lot of surplus. Not a lot of surplus. 114 00:06:42,440 --> 00:06:45,600 Speaker 1: To anyone who's read Jared Diamonds, the greatest mistake in 115 00:06:45,640 --> 00:06:48,760 Speaker 1: the history of the human race means that you don't 116 00:06:48,760 --> 00:06:52,320 Speaker 1: necessarily have anybody who's in charge or has control over 117 00:06:52,360 --> 00:06:58,440 Speaker 1: other people. By controlling the surplus interesting very well. When bartering, Josh, 118 00:06:58,480 --> 00:07:01,479 Speaker 1: it's everything's relative obviously, because if you need if you 119 00:07:01,520 --> 00:07:06,600 Speaker 1: live someplace where it's cold and you need more shelter blankets, 120 00:07:06,640 --> 00:07:09,360 Speaker 1: let's say or whatever, or let's modernize and say heater, 121 00:07:09,440 --> 00:07:12,720 Speaker 1: or then that's going to be pretty valuable to you. Right. Um, 122 00:07:12,840 --> 00:07:16,000 Speaker 1: what you're talking about is the relative value of an item, 123 00:07:16,080 --> 00:07:19,600 Speaker 1: right exactly. So like in a money system, like there's 124 00:07:19,600 --> 00:07:22,880 Speaker 1: a fixed value to the dollar, and it fluctuates, you know, 125 00:07:22,920 --> 00:07:26,560 Speaker 1: there's inflation and deflation and stag inflation. But ultimately, when 126 00:07:26,560 --> 00:07:29,680 Speaker 1: you're coming to somebody with a dollar, you both have 127 00:07:29,760 --> 00:07:32,920 Speaker 1: an agreed upon awareness of what that dollar's worth, which 128 00:07:32,960 --> 00:07:35,680 Speaker 1: is a dollar, Like you were saying, with a heater, 129 00:07:36,320 --> 00:07:39,080 Speaker 1: somebody who lives in a hot climate is going to 130 00:07:39,160 --> 00:07:41,240 Speaker 1: value that thing less than somebody who lives in a 131 00:07:41,280 --> 00:07:44,040 Speaker 1: cold climate. So the person in the cold climate would 132 00:07:44,040 --> 00:07:46,760 Speaker 1: be willing to pay more or trade more for that 133 00:07:47,160 --> 00:07:51,560 Speaker 1: relative value. It's the distinction between um, bartering and money, 134 00:07:51,920 --> 00:07:55,160 Speaker 1: one of them, um, but the main one. It's my favorite. 135 00:07:56,200 --> 00:07:58,320 Speaker 1: Timing is another big deal when it comes to bartering, 136 00:07:58,360 --> 00:08:01,280 Speaker 1: because depending on when this is happening and what your 137 00:08:01,320 --> 00:08:04,320 Speaker 1: situation is things canna have a different value. Uh. The 138 00:08:04,400 --> 00:08:07,040 Speaker 1: article used an example of Richard the third my Kingdom 139 00:08:07,040 --> 00:08:10,320 Speaker 1: for a horse when he was in a battle. Uh. 140 00:08:10,360 --> 00:08:12,040 Speaker 1: I was on a hike in Utah one time where 141 00:08:12,080 --> 00:08:14,600 Speaker 1: I would have paid a thousand dollars for a bottle 142 00:08:14,600 --> 00:08:18,760 Speaker 1: of gatorade or lift down the hill and I wanted 143 00:08:18,800 --> 00:08:22,480 Speaker 1: the gatorade? Was that hot and dehydrated? Yeah? It was bad? 144 00:08:22,600 --> 00:08:26,280 Speaker 1: Did you were you hospitalized? Now? Now we we hiked 145 00:08:26,320 --> 00:08:27,960 Speaker 1: out and made it to the spot and bought like 146 00:08:28,000 --> 00:08:30,720 Speaker 1: five gatorades and drank them all. Your urine was just 147 00:08:30,800 --> 00:08:33,360 Speaker 1: chunky style, A little bit came out, a little pebbles. 148 00:08:34,679 --> 00:08:36,400 Speaker 1: Uh So Yeah, timing has a lot to do with 149 00:08:36,440 --> 00:08:38,880 Speaker 1: the value of something as far as how much you 150 00:08:38,960 --> 00:08:43,040 Speaker 1: might need that item. Yeah. And Jane McGrath wrote this one. Jane, 151 00:08:43,200 --> 00:08:45,560 Speaker 1: she did a good job to remember Jane. Yeah, let 152 00:08:45,600 --> 00:08:49,680 Speaker 1: me ask you this, what about when it's not just 153 00:08:49,720 --> 00:08:52,880 Speaker 1: a one to one deal, Like you've got corn and 154 00:08:53,080 --> 00:08:57,040 Speaker 1: your friend, uh, Ralph next to your farm has cows. 155 00:08:58,040 --> 00:09:01,160 Speaker 1: But Ralph doesn't want corn, he wants wheat. But your buddy, 156 00:09:01,520 --> 00:09:04,560 Speaker 1: your Yeah, your buddy Pete has wheat, so you want 157 00:09:04,600 --> 00:09:07,199 Speaker 1: you can arrange a little three way trade there if 158 00:09:07,240 --> 00:09:10,880 Speaker 1: you're an innovative guy, and it's called a triangular barter. 159 00:09:11,640 --> 00:09:14,679 Speaker 1: And NBA teams do this. Any sports team can, but 160 00:09:14,720 --> 00:09:18,600 Speaker 1: it happens more than NBA than anywhere else and stuff, 161 00:09:18,679 --> 00:09:20,920 Speaker 1: well just trading players like you know, I want your center, 162 00:09:21,440 --> 00:09:23,360 Speaker 1: but you don't want my point guard. You want there forward, 163 00:09:23,679 --> 00:09:25,880 Speaker 1: but I'll take their forward and package it in such 164 00:09:25,880 --> 00:09:29,600 Speaker 1: a way that it's accommodates everybody. Huh. So that's a 165 00:09:29,600 --> 00:09:33,720 Speaker 1: triangular barter, which so you you you are pointing something 166 00:09:33,720 --> 00:09:37,040 Speaker 1: out and that it's not necessarily the most common thing 167 00:09:37,080 --> 00:09:40,920 Speaker 1: in a barter economy where you have something that I 168 00:09:41,000 --> 00:09:43,199 Speaker 1: need and I have something that you need at that 169 00:09:43,280 --> 00:09:45,280 Speaker 1: moment too. That well, that's what works because we talked 170 00:09:45,280 --> 00:09:48,319 Speaker 1: about timing and relative value, right, that's one of the 171 00:09:48,360 --> 00:09:50,880 Speaker 1: downsides of the barter. And it gets even more complex 172 00:09:50,920 --> 00:09:53,240 Speaker 1: than a triangular barter. That's a lot of work, you know, 173 00:09:53,400 --> 00:09:57,800 Speaker 1: that's a lot of walking. You know, Um, if you 174 00:09:57,840 --> 00:10:01,600 Speaker 1: find that third person and so, um Ralph has that 175 00:10:01,679 --> 00:10:05,040 Speaker 1: cow you want, Pete has wheat, You have corn, but 176 00:10:05,120 --> 00:10:07,520 Speaker 1: Pete doesn't want your corn. You're gonna have to go 177 00:10:07,559 --> 00:10:10,760 Speaker 1: find somebody who wants your corn who has something that 178 00:10:11,160 --> 00:10:16,000 Speaker 1: Pete would want, yes or more, which is called the 179 00:10:16,040 --> 00:10:19,080 Speaker 1: multilateral trade. You can see it gets kind of convoluted 180 00:10:19,120 --> 00:10:22,120 Speaker 1: as well. You know, well, and when it gets convoluted, 181 00:10:22,280 --> 00:10:25,600 Speaker 1: there's a greater risk for making a bad deal just 182 00:10:25,679 --> 00:10:27,640 Speaker 1: to get it over with, just because you really need 183 00:10:27,720 --> 00:10:30,640 Speaker 1: that cow. And that's one of the you know, we'll 184 00:10:30,640 --> 00:10:33,560 Speaker 1: talk about the downside. It is certainly one of them. Yeah, well, 185 00:10:33,640 --> 00:10:36,640 Speaker 1: well I think we kind of are all are we 186 00:10:36,679 --> 00:10:39,720 Speaker 1: already there? Okay? Well, that's one of the downsides is 187 00:10:39,760 --> 00:10:41,640 Speaker 1: that a lot of work goes into this, and in 188 00:10:41,679 --> 00:10:43,840 Speaker 1: the end you might settle for less than a great 189 00:10:43,880 --> 00:10:47,000 Speaker 1: deal because it's there's so much work involved. Um, there's 190 00:10:47,040 --> 00:10:49,720 Speaker 1: some other factors that might force you to settle for 191 00:10:50,280 --> 00:10:55,480 Speaker 1: poo poo deal, and that is um, time works against you. 192 00:10:56,280 --> 00:10:59,000 Speaker 1: You remember we kind of used the example of you 193 00:10:59,120 --> 00:11:03,679 Speaker 1: with the gatorade. Yeah, yeah, right, Um, were you somebody 194 00:11:03,720 --> 00:11:05,960 Speaker 1: who had something to trade for that gatorade at that 195 00:11:06,040 --> 00:11:08,720 Speaker 1: moment and somebody came along with gatorade and gouged you? 196 00:11:09,360 --> 00:11:13,120 Speaker 1: Say you had tomatoes to trade, right, You kind of 197 00:11:13,160 --> 00:11:15,640 Speaker 1: need to trade your tomatoes because they're a perishable item. 198 00:11:16,240 --> 00:11:18,640 Speaker 1: So time is working against you, so you might take 199 00:11:18,640 --> 00:11:21,079 Speaker 1: a bad trade. It's just to get rid of these tomatoes, 200 00:11:21,200 --> 00:11:23,920 Speaker 1: right right, or in the article example is a great one. 201 00:11:23,960 --> 00:11:27,880 Speaker 1: Let's say you're a craftsman. You build these great banquet tables. 202 00:11:28,480 --> 00:11:31,360 Speaker 1: Banquet tables are big and heavy. You go to trade 203 00:11:31,360 --> 00:11:34,000 Speaker 1: for tomatoes because you really need those tomatoes. And the 204 00:11:34,040 --> 00:11:37,160 Speaker 1: guy was like, hey, you know, I mean, I'll give 205 00:11:37,200 --> 00:11:39,599 Speaker 1: you fifteen tomatoes, and I was like, no, this is 206 00:11:39,600 --> 00:11:41,360 Speaker 1: worth like three hundred tomatoes. But what are you gonna 207 00:11:41,360 --> 00:11:44,320 Speaker 1: do with three hundred tomatoes. So it's when you don't 208 00:11:44,360 --> 00:11:47,800 Speaker 1: have equal You've got a lot of small things, you 209 00:11:47,880 --> 00:11:49,959 Speaker 1: have one large thing. You're kind of in trouble. I 210 00:11:49,960 --> 00:11:52,760 Speaker 1: don't know if you pick the right business model. Yeah, 211 00:11:52,880 --> 00:11:55,000 Speaker 1: as a craftsman, and even if you even if you 212 00:11:55,040 --> 00:11:59,080 Speaker 1: did take, uh, three hundred tomatoes, you're gonna run around, 213 00:11:59,080 --> 00:12:03,160 Speaker 1: you know, trying to trade those surplus tomatoes for you know, 214 00:12:03,360 --> 00:12:06,360 Speaker 1: um other stuff you may or may not need, which 215 00:12:06,480 --> 00:12:08,920 Speaker 1: when you could be building tables. You should be building tables. 216 00:12:08,920 --> 00:12:12,640 Speaker 1: It's what you do, it's what you're good at. Yeah, exactly. 217 00:12:12,679 --> 00:12:15,760 Speaker 1: So that's because you know, bartering initially sounds like, oh 218 00:12:15,760 --> 00:12:18,760 Speaker 1: that's so great. You just trade things and there's no money, 219 00:12:18,800 --> 00:12:22,120 Speaker 1: and money leads to badness. But it's not that simple. 220 00:12:22,840 --> 00:12:25,480 Speaker 1: It's rare that you just find that perfect match and 221 00:12:25,600 --> 00:12:28,160 Speaker 1: perfect timing to work out in a wonder one trade 222 00:12:28,640 --> 00:12:33,080 Speaker 1: and then establishing that that value considering that everything in 223 00:12:33,120 --> 00:12:36,960 Speaker 1: a barter system has a relative value. You know, there's 224 00:12:37,400 --> 00:12:40,160 Speaker 1: as Jane put it, you know, comparing apples to oranges 225 00:12:40,880 --> 00:12:44,560 Speaker 1: is still comparing you know, fruit of roughly the same 226 00:12:44,559 --> 00:12:48,719 Speaker 1: shape and size. She yeah, she points out that it's 227 00:12:48,720 --> 00:12:50,760 Speaker 1: a terrible thing. It's like the low man on the 228 00:12:50,760 --> 00:12:53,040 Speaker 1: totem pole. Yeah. I gonna start saying, Uh, that's like 229 00:12:53,080 --> 00:12:56,920 Speaker 1: comparing cows to table legs exactly. People like, what the 230 00:12:56,960 --> 00:12:58,520 Speaker 1: heck are you talking about? You just be like, listen 231 00:12:58,520 --> 00:13:04,040 Speaker 1: to the podcast exactly. So chuck Um. Because our ancestors 232 00:13:04,080 --> 00:13:09,000 Speaker 1: are four people, UM ran into these problems where they 233 00:13:09,000 --> 00:13:12,760 Speaker 1: couldn't figure out how many tomatoes equal the table, and 234 00:13:12,800 --> 00:13:15,800 Speaker 1: when they did, it just was way too much. They 235 00:13:15,800 --> 00:13:19,240 Speaker 1: got tired of lugging tables around. Um. They came up 236 00:13:19,280 --> 00:13:22,520 Speaker 1: with something that we call money currency and it solved 237 00:13:22,520 --> 00:13:25,360 Speaker 1: a lot of problems for all of its drawbacks and 238 00:13:25,440 --> 00:13:29,359 Speaker 1: ills and evils. Uh, money solved a lot of problems. 239 00:13:30,040 --> 00:13:33,760 Speaker 1: It's easier to carry money around than a table, for one. Yeah, 240 00:13:33,880 --> 00:13:36,360 Speaker 1: think about how much a hundred dollar bill ways. Not much, 241 00:13:36,960 --> 00:13:39,240 Speaker 1: not very much. It sits heavy in my pocket, though, 242 00:13:39,280 --> 00:13:43,920 Speaker 1: my friend, it burns mine, It burns all. It can 243 00:13:43,960 --> 00:13:47,720 Speaker 1: also be divided pretty easily. Sure, you know a hundred 244 00:13:47,800 --> 00:13:53,240 Speaker 1: one dollar bills still isn't as heavy as a table, right, Yeah, well, 245 00:13:53,240 --> 00:13:55,240 Speaker 1: and it levels of playing field, like you said said, 246 00:13:55,240 --> 00:13:58,960 Speaker 1: then you don't have to compare tomatoes to tables. It's 247 00:13:59,120 --> 00:14:00,960 Speaker 1: pretty easy to set your price. If people want to 248 00:14:00,960 --> 00:14:03,040 Speaker 1: buy it, great, then you got your dough and you 249 00:14:03,040 --> 00:14:05,200 Speaker 1: can just buy your two tomatoes for dinner that night. 250 00:14:06,360 --> 00:14:11,920 Speaker 1: But a cool, that's uh, that's money. You I'm sensing something. 251 00:14:11,920 --> 00:14:14,400 Speaker 1: Are you cool with this one? Or you like the 252 00:14:14,400 --> 00:14:17,360 Speaker 1: barter system? No, it's fine. Which would you prefer money 253 00:14:17,440 --> 00:14:21,520 Speaker 1: or barter? Uh? Well, I mean as a nine year old, 254 00:14:21,520 --> 00:14:23,720 Speaker 1: I thought bartering was kind of neat, and I still 255 00:14:23,760 --> 00:14:27,360 Speaker 1: like the concept of trading, like the musical instruments section 256 00:14:27,400 --> 00:14:31,160 Speaker 1: on Craigslist is is lousy with dudes like I'll trade 257 00:14:31,200 --> 00:14:33,920 Speaker 1: my list Paul for your Martin acoustic. Right, so you've 258 00:14:34,080 --> 00:14:38,920 Speaker 1: you've hit upon a the modern revival of bartering. It's 259 00:14:38,920 --> 00:14:41,720 Speaker 1: all over the place. Actually, yeah, I think Craigslist has 260 00:14:42,120 --> 00:14:47,200 Speaker 1: an entire section for each city dedicated to bartering, specifically 261 00:14:47,280 --> 00:14:51,720 Speaker 1: right sub sections in the I don't know this, you know, 262 00:14:52,360 --> 00:14:55,240 Speaker 1: I think Craigslist does have a section. But on like 263 00:14:55,320 --> 00:14:58,360 Speaker 1: the music Instruments board, there's people trading just because that's 264 00:14:58,360 --> 00:15:01,760 Speaker 1: where they seek trades. But um, there's whole sites dedicated 265 00:15:01,840 --> 00:15:06,400 Speaker 1: just to bartering and bartering services. That's got to be included. Yeah, 266 00:15:06,520 --> 00:15:10,680 Speaker 1: Emily actually does that. I didn't know that. Yeah, she'll trade. Uh, 267 00:15:10,880 --> 00:15:13,880 Speaker 1: she's been getting her hair done in exchange for soap. 268 00:15:14,960 --> 00:15:17,640 Speaker 1: And actually the craft scene, the indycraft scene, this like 269 00:15:17,800 --> 00:15:20,520 Speaker 1: that's all they do is trade, Like you know, I'll 270 00:15:20,520 --> 00:15:23,400 Speaker 1: give you this kid's jumper for a bottle of lotion 271 00:15:24,000 --> 00:15:26,920 Speaker 1: and this is uh, you know, bartering is pretty old, 272 00:15:26,960 --> 00:15:30,120 Speaker 1: but a resurgence and bartering isn't new. Um. There was 273 00:15:30,160 --> 00:15:33,560 Speaker 1: actually an explosion in the late seventies of barter clubs. 274 00:15:34,120 --> 00:15:37,360 Speaker 1: Not to be confused with racquetball clubs or swingers clubs, 275 00:15:37,360 --> 00:15:40,200 Speaker 1: which were both also huge in the late seventies. These 276 00:15:40,200 --> 00:15:42,840 Speaker 1: were barter clubs really. Yeah, they were around for a 277 00:15:42,920 --> 00:15:46,840 Speaker 1: little while so people meet and swap things. Um, I 278 00:15:46,880 --> 00:15:51,080 Speaker 1: think it was mail order. Oh yeah, okay, but when 279 00:15:51,080 --> 00:15:53,880 Speaker 1: you take a look at these clubs then and today, 280 00:15:54,200 --> 00:15:57,960 Speaker 1: what you described Emily doing is is pure bartering. Um. 281 00:15:58,080 --> 00:16:00,800 Speaker 1: But you know one of the big limitations of bartering, well, 282 00:16:00,800 --> 00:16:04,760 Speaker 1: two of the big limitations are geographic boundaries, right, which 283 00:16:04,960 --> 00:16:07,920 Speaker 1: which the Internet overcomes because you know, some guy in 284 00:16:07,960 --> 00:16:10,680 Speaker 1: Tacoma has something you need is willing to ship it, 285 00:16:10,800 --> 00:16:14,080 Speaker 1: and you have something he needs. Geographic boundaries gone, right, 286 00:16:15,280 --> 00:16:18,720 Speaker 1: But the timing thing is still a problem. So what 287 00:16:19,000 --> 00:16:22,960 Speaker 1: barter clubs and barter websites have come up with is, um, 288 00:16:23,000 --> 00:16:26,880 Speaker 1: if if the person doesn't have anything to give you, right, 289 00:16:26,920 --> 00:16:30,080 Speaker 1: then they can trade you in credits. Yeah. I didn't 290 00:16:30,080 --> 00:16:33,360 Speaker 1: know that was going on. That's kind of cool. That's money, 291 00:16:34,040 --> 00:16:36,680 Speaker 1: Uh yeah, in a way. No, that's currency. That's it. 292 00:16:36,840 --> 00:16:39,000 Speaker 1: Think about a dollar bill. It's a it's a credit, 293 00:16:39,040 --> 00:16:42,400 Speaker 1: it's a promissory note. It doesn't hold any inherent value. Yeah, 294 00:16:42,400 --> 00:16:45,280 Speaker 1: but only within that network is a currency. Like it's 295 00:16:45,280 --> 00:16:47,440 Speaker 1: not like you can take those credits out to McDonald 296 00:16:47,600 --> 00:16:51,680 Speaker 1: still say, no, totally, you can't, but it's still currency. Yeah, right, 297 00:16:51,720 --> 00:16:54,440 Speaker 1: So like within that barter network. It's still they're still 298 00:16:54,560 --> 00:16:58,040 Speaker 1: using currency. It's just so difficult to get past, you know, 299 00:16:58,120 --> 00:17:01,760 Speaker 1: the necessity for currency. That's a good point. Yeah, it's 300 00:17:01,800 --> 00:17:06,160 Speaker 1: a big shamnon. You were talking about the craft scene 301 00:17:06,200 --> 00:17:09,680 Speaker 1: being like huge and bartering, right, they love it. Marketing 302 00:17:09,760 --> 00:17:12,560 Speaker 1: is as well, like business barters, way more than I 303 00:17:12,600 --> 00:17:15,200 Speaker 1: ever realized. Yeah, I have a stat for you if 304 00:17:15,240 --> 00:17:19,680 Speaker 1: I may. Yeah. Yeah. In two thousand and eight, North 305 00:17:19,720 --> 00:17:24,200 Speaker 1: American companies, not even internationally, but North American companies bartered 306 00:17:24,320 --> 00:17:28,800 Speaker 1: twelve billion dollars in goods and services. Yeah, and apparently 307 00:17:28,840 --> 00:17:31,600 Speaker 1: that was partially a result of the recession, because in 308 00:17:31,640 --> 00:17:34,439 Speaker 1: two thousand one they did like seven point seven five billion. 309 00:17:34,880 --> 00:17:39,360 Speaker 1: But still it's a substantial amount of stuff that was traded, 310 00:17:40,160 --> 00:17:42,440 Speaker 1: either in the form of goods or services. Right, people 311 00:17:42,480 --> 00:17:46,520 Speaker 1: striking a deal like Chicos bail bonds will sponsor your 312 00:17:46,560 --> 00:17:49,560 Speaker 1: baseball team and they'll pay for your jerseys if you 313 00:17:49,600 --> 00:17:53,240 Speaker 1: put Chicos bail bonds on the back. Yes, you will eventually. 314 00:17:53,280 --> 00:17:55,080 Speaker 1: In the case of the yankees't you remember who their 315 00:17:55,119 --> 00:18:00,040 Speaker 1: sponsor was? In bad Newspayers Denny's. Was it really? I 316 00:18:00,080 --> 00:18:02,240 Speaker 1: just saw the other day and I'm like, huh Denny's. 317 00:18:02,400 --> 00:18:04,399 Speaker 1: They were a high profile team. Oh well, they got 318 00:18:04,440 --> 00:18:08,359 Speaker 1: a high profile sponsor. UM. We were talking about the recession, 319 00:18:09,080 --> 00:18:12,520 Speaker 1: UM accounting for an increase among businesses. One of the 320 00:18:12,560 --> 00:18:15,760 Speaker 1: great things about bartering is you it says you're cash 321 00:18:15,800 --> 00:18:18,280 Speaker 1: to pay down debt or to keep workers on the 322 00:18:18,320 --> 00:18:21,280 Speaker 1: payroll or the cash is always good for business. Yeah, Um, 323 00:18:21,359 --> 00:18:24,080 Speaker 1: So that's why corporations do it. People do it in 324 00:18:24,119 --> 00:18:26,760 Speaker 1: times of crisis, which was the case. Well, it's part 325 00:18:26,800 --> 00:18:29,359 Speaker 1: of the case right now. There's been a huge resurgence 326 00:18:29,400 --> 00:18:33,680 Speaker 1: in UM consumer bartering, right because of the economy. Yeah, 327 00:18:33,720 --> 00:18:37,880 Speaker 1: but UM in Argentina and I think two two thou nine, 328 00:18:38,119 --> 00:18:42,280 Speaker 1: their economy was really in shambles and they were bartering 329 00:18:42,280 --> 00:18:46,520 Speaker 1: clubs everywhere. Well. Yeah, in in places where there's natural disasters, 330 00:18:46,800 --> 00:18:48,400 Speaker 1: a lot of times, the first thing they will turn 331 00:18:48,480 --> 00:18:51,200 Speaker 1: to was bartering, at least in a in a temporary 332 00:18:51,240 --> 00:18:54,879 Speaker 1: sense until they can kind of get things restored, because 333 00:18:55,000 --> 00:18:57,160 Speaker 1: I don't know the end of the world. What's what's 334 00:18:57,280 --> 00:18:59,080 Speaker 1: that dollar bill going to do for you? You know? 335 00:18:59,200 --> 00:19:04,240 Speaker 1: I read almost that same phrase on a post collapse 336 00:19:04,359 --> 00:19:07,680 Speaker 1: blog of survival blog and the guy was rambling off 337 00:19:08,200 --> 00:19:11,520 Speaker 1: items that will be good for bartering. Dollar bill is 338 00:19:11,560 --> 00:19:16,000 Speaker 1: not among them, of course not. I R S. Josh. 339 00:19:16,440 --> 00:19:19,280 Speaker 1: Let's let's talk about that, because if you think, hey, 340 00:19:19,320 --> 00:19:21,760 Speaker 1: this is a great way to skirt taxes, I can 341 00:19:21,800 --> 00:19:25,520 Speaker 1: trade my haircut for my homemade soap all day long? 342 00:19:26,359 --> 00:19:30,280 Speaker 1: Am I outing myself? Now? Ask an auditors? Now? Yeah, 343 00:19:30,280 --> 00:19:33,520 Speaker 1: because you know you're supposed to report this stuff. Yeah. Um, 344 00:19:33,560 --> 00:19:36,679 Speaker 1: those barter clubs from the late seventies actually ruined it 345 00:19:36,720 --> 00:19:42,119 Speaker 1: for everybody. Um. Time was you could barter everything and 346 00:19:42,280 --> 00:19:45,400 Speaker 1: not pay a cent of taxes on it. But the 347 00:19:45,440 --> 00:19:48,960 Speaker 1: barter club that the artificial economy created by the barter 348 00:19:49,119 --> 00:19:53,240 Speaker 1: clubs reached about an estimated two hundred million dollars um 349 00:19:53,240 --> 00:19:55,600 Speaker 1: in size, and I R. S went, we want some 350 00:19:55,680 --> 00:20:00,239 Speaker 1: of that. So they reformed the tax code in and 351 00:20:00,359 --> 00:20:04,760 Speaker 1: came up with the ten B form Proceeds from broker 352 00:20:04,760 --> 00:20:08,000 Speaker 1: and barter exchange transactions and if you're bartering, you have 353 00:20:08,119 --> 00:20:10,440 Speaker 1: to both parties have to fill one of these out, 354 00:20:11,040 --> 00:20:14,439 Speaker 1: create like a an estimated market value of the goods 355 00:20:14,520 --> 00:20:18,280 Speaker 1: or services and pay it. Hey, you know when Emily 356 00:20:18,320 --> 00:20:20,280 Speaker 1: first brought that form home filled it out of it? 357 00:20:20,840 --> 00:20:23,640 Speaker 1: What is this you had another form. She said, Yeah, 358 00:20:23,640 --> 00:20:26,919 Speaker 1: you can't trade. You gotta pay the piper. And the 359 00:20:27,000 --> 00:20:31,840 Speaker 1: piper is the I R S. Yeah, it certainly is, Josh, 360 00:20:31,840 --> 00:20:36,000 Speaker 1: but that's not necessarily well that that's a bad thing. 361 00:20:36,359 --> 00:20:38,240 Speaker 1: But the I R S. You can also write stuff 362 00:20:38,280 --> 00:20:41,800 Speaker 1: off that you you have traded. Yeah, so it goes 363 00:20:41,840 --> 00:20:43,880 Speaker 1: the other way a little bit too, And we would 364 00:20:43,880 --> 00:20:46,800 Speaker 1: be remiss to not mention that. Yeah, um, you you 365 00:20:46,880 --> 00:20:51,240 Speaker 1: can right off as an expense something you trade because 366 00:20:51,240 --> 00:20:54,280 Speaker 1: it's value and it's lost and you didn't get any 367 00:20:54,359 --> 00:20:56,800 Speaker 1: money for it, which is how the tax systems set up. 368 00:20:57,560 --> 00:20:59,760 Speaker 1: If you're not getting any money for it, it's different 369 00:21:00,040 --> 00:21:02,800 Speaker 1: and stuff that you're getting money for. Well, and they 370 00:21:02,800 --> 00:21:04,840 Speaker 1: point out that if you get one of those trade credits, 371 00:21:05,240 --> 00:21:08,840 Speaker 1: you could donate that trade credit to a charity and 372 00:21:08,880 --> 00:21:12,520 Speaker 1: write that off if that charity will accept trade credit. Yeah, 373 00:21:12,560 --> 00:21:14,439 Speaker 1: I've never heard these trade credits. I can look into that. 374 00:21:14,920 --> 00:21:18,639 Speaker 1: It's money. I mean, is it a point value they 375 00:21:18,640 --> 00:21:23,359 Speaker 1: assign a wonder. Yeah, there's actually day it's worth this 376 00:21:23,480 --> 00:21:26,919 Speaker 1: many dollars. Well, one that I came across, dib space 377 00:21:27,359 --> 00:21:32,000 Speaker 1: um had something called Dibbitts and their trade credits, and 378 00:21:32,320 --> 00:21:36,119 Speaker 1: there were one dibots worth a dollar, So it's money 379 00:21:36,160 --> 00:21:40,919 Speaker 1: based on money in a bartering network. Well money, Did 380 00:21:40,960 --> 00:21:43,000 Speaker 1: we ever say that money inflation? That's one of the 381 00:21:43,440 --> 00:21:47,280 Speaker 1: downsides of of currency. We didn't say it, but go ahead, 382 00:21:47,440 --> 00:21:49,000 Speaker 1: Well yeah, I mean that's the big deal. Like you 383 00:21:49,119 --> 00:21:53,240 Speaker 1: buy a peck a bushel of peaches one year for 384 00:21:53,359 --> 00:21:56,240 Speaker 1: ten bucks, and the next year that might buy ten peaches. 385 00:21:56,800 --> 00:21:58,920 Speaker 1: That's the downside of money. Although I suppose I could 386 00:21:58,960 --> 00:22:01,720 Speaker 1: happen bartering too. They could just say, rough, peach crop 387 00:22:01,800 --> 00:22:04,280 Speaker 1: this year now, will only trade you this many for 388 00:22:04,359 --> 00:22:07,280 Speaker 1: your core. Yeah. That I would think relative value would 389 00:22:07,280 --> 00:22:10,160 Speaker 1: be affected by supplying demand. Yeah, I mean that makes sense. 390 00:22:10,200 --> 00:22:15,320 Speaker 1: I would think it wouldn't happen on such a widespread level, though. 391 00:22:15,320 --> 00:22:17,399 Speaker 1: I mean, think about how many people are affected by 392 00:22:17,400 --> 00:22:20,600 Speaker 1: the dollar bill and its fluctuations, right, Think about how 393 00:22:20,600 --> 00:22:23,840 Speaker 1: many people are affected by a local peach crop. And 394 00:22:23,880 --> 00:22:26,400 Speaker 1: that's actually one of the things that barter systems are 395 00:22:26,600 --> 00:22:29,359 Speaker 1: um so appealing to people these days. There's such a 396 00:22:29,400 --> 00:22:33,640 Speaker 1: movement towards local economies. Barter system can't be sustained by 397 00:22:33,680 --> 00:22:38,520 Speaker 1: a country of three million people, so basically everybody has 398 00:22:38,560 --> 00:22:41,680 Speaker 1: to split up. I read an essay about how um 399 00:22:41,800 --> 00:22:44,440 Speaker 1: secessionism could save the US and that if we don't 400 00:22:44,480 --> 00:22:48,080 Speaker 1: break up, we're in big trouble. Yeah, that any any 401 00:22:48,160 --> 00:22:53,400 Speaker 1: non authoritarian system of government can't be sustained or adequately 402 00:22:53,760 --> 00:22:58,399 Speaker 1: administered in populations over I think either three million or 403 00:22:58,440 --> 00:23:02,200 Speaker 1: thirty million. Yeah, it's pretty cool. As in the Utney 404 00:23:02,200 --> 00:23:05,160 Speaker 1: Reader the last month. Get that ought to check that out. 405 00:23:05,200 --> 00:23:06,920 Speaker 1: It was the one with Marge Simpson as Rosie the 406 00:23:07,000 --> 00:23:09,600 Speaker 1: river Y. Yeah, yeah, it's pretty cool. I'll check that out. 407 00:23:09,720 --> 00:23:13,080 Speaker 1: So we're done. I'm done. You got anything else except 408 00:23:13,160 --> 00:23:16,800 Speaker 1: for me? If you want to hear mention of Kyle McDonald, 409 00:23:16,840 --> 00:23:19,480 Speaker 1: the kid we mentioned in the house Swapping podcast a 410 00:23:19,480 --> 00:23:22,679 Speaker 1: little prematurely. I guess who traded a paper clip for 411 00:23:22,680 --> 00:23:24,760 Speaker 1: a house? He had to pay taxes on that, he 412 00:23:24,800 --> 00:23:28,600 Speaker 1: had to it, I'm sure, I hope. So maybe Corbyn 413 00:23:28,640 --> 00:23:31,240 Speaker 1: Burnson paid one. If you want to see a picture 414 00:23:31,280 --> 00:23:33,640 Speaker 1: of that kid, you can type in barter at the 415 00:23:33,680 --> 00:23:36,679 Speaker 1: search bar at how stuff works dot com and that 416 00:23:36,720 --> 00:23:42,040 Speaker 1: brings up, of course, listener a, Josh, I'm gonna call 417 00:23:42,080 --> 00:23:47,480 Speaker 1: this one of two eventual mafia letters that we got. 418 00:23:48,400 --> 00:23:51,920 Speaker 1: We got very many who knew by letters took means 419 00:23:51,960 --> 00:23:56,240 Speaker 1: broken thumbs. Yeah, sit in little boxes? Yeah? Who knew? 420 00:23:56,320 --> 00:23:58,199 Speaker 1: So many people are connected to the Mafia day A 421 00:23:58,200 --> 00:24:00,000 Speaker 1: lot of people have stories to tell. Yeah. I think 422 00:24:00,040 --> 00:24:02,320 Speaker 1: it's also like saying like whose name who his Native 423 00:24:02,359 --> 00:24:06,120 Speaker 1: American and him, Yeah, I do a little bit. I think. 424 00:24:07,000 --> 00:24:09,160 Speaker 1: Uh so we're going to read two of those, one 425 00:24:09,160 --> 00:24:11,280 Speaker 1: of them right now and one on the following episode. 426 00:24:11,280 --> 00:24:14,359 Speaker 1: And this is from Calvin. This is pretty interesting. Calvin 427 00:24:14,440 --> 00:24:18,480 Speaker 1: the Mafia as Yeah, Calvin the MAFIASA. I just listened 428 00:24:18,480 --> 00:24:20,399 Speaker 1: to the episode about the Mafia, and I have a 429 00:24:20,400 --> 00:24:23,680 Speaker 1: couple of things to say. Firstly, I am grossly disappointed 430 00:24:23,720 --> 00:24:25,920 Speaker 1: in both Josh and Chuck for talking about a Joe 431 00:24:25,960 --> 00:24:29,800 Speaker 1: Velichi and not once mentioning the greatest Simpson episode ever, 432 00:24:29,880 --> 00:24:32,720 Speaker 1: Homie the Clown. I was disappointed about this one, yeah, 433 00:24:32,720 --> 00:24:35,360 Speaker 1: in which Homer disguised this Krusty gets captured by Fat 434 00:24:35,400 --> 00:24:39,520 Speaker 1: Tony in the Springfield family and tried to convince them 435 00:24:39,520 --> 00:24:42,800 Speaker 1: that he is all different kinds of people, Joe Vlachi 436 00:24:42,840 --> 00:24:45,639 Speaker 1: being one of them. I didn't make that connection. I 437 00:24:45,680 --> 00:24:48,400 Speaker 1: remember He's like, I'm I'm not Homer, I'm Joe Vlachi, 438 00:24:48,600 --> 00:24:53,120 Speaker 1: Joe Lachi, the rat he's like something like that. He said, 439 00:24:53,119 --> 00:24:54,960 Speaker 1: if you did mention it, then shame on the editor 440 00:24:55,240 --> 00:24:57,760 Speaker 1: Jerry for removing it. So let's just go with that. Ye, 441 00:24:57,920 --> 00:25:02,320 Speaker 1: let's go with that one, Jerry, shame mind you boo. Also, 442 00:25:02,480 --> 00:25:04,280 Speaker 1: I thought you guys would be interested to hear some 443 00:25:04,359 --> 00:25:08,879 Speaker 1: hypotheses about why it is called the mafia. One says 444 00:25:08,960 --> 00:25:12,920 Speaker 1: that during the War of the Sicilian Vespers, a woman 445 00:25:12,960 --> 00:25:16,440 Speaker 1: found her daughter at the Vespers being raped by French 446 00:25:16,560 --> 00:25:22,119 Speaker 1: soldiers and then ran through the streets shouting mafia, mafia, 447 00:25:22,880 --> 00:25:27,159 Speaker 1: which is a dialectical translation of my daughter, my daughter, 448 00:25:27,200 --> 00:25:31,479 Speaker 1: my daughter, mafia. Did the mafia come to her rescue 449 00:25:31,600 --> 00:25:37,000 Speaker 1: or what? I don't know, that's just what he says, Sicilian, Okay, 450 00:25:37,680 --> 00:25:39,640 Speaker 1: I mean, I don't think he's making this up. It's 451 00:25:39,640 --> 00:25:43,600 Speaker 1: a theory, I'm sorry, hypothesis. The second hypothesis is also 452 00:25:43,640 --> 00:25:46,359 Speaker 1: a remnant of the occupation of Sicily by the French. 453 00:25:46,480 --> 00:25:50,520 Speaker 1: The word mafia might be an anagram for morta allah 454 00:25:51,000 --> 00:25:57,399 Speaker 1: Francia Italia, which translates into something like Italy longs for 455 00:25:57,400 --> 00:26:01,640 Speaker 1: the death of France. Yeah a f I A huh. 456 00:26:02,080 --> 00:26:04,159 Speaker 1: I don't know about that, but they both sound pretty plausible. 457 00:26:04,160 --> 00:26:06,560 Speaker 1: To me. So, I guess the word mafia doesn't mean 458 00:26:06,560 --> 00:26:08,840 Speaker 1: anything it's in a family name or anything like. I 459 00:26:08,880 --> 00:26:11,959 Speaker 1: don't know. I never really thought about the originally name. 460 00:26:11,960 --> 00:26:15,360 Speaker 1: We didn't cover that. So these are two hypothesis from Calvin. 461 00:26:15,920 --> 00:26:18,080 Speaker 1: He says both of these came from a book called 462 00:26:18,080 --> 00:26:22,320 Speaker 1: The Secret Society's Handbook by Michael Bradley. Might be complete Bologne, 463 00:26:22,760 --> 00:26:24,919 Speaker 1: because I'm not sure how reliable that book is, but 464 00:26:25,000 --> 00:26:26,920 Speaker 1: it's sure is interesting. I thought you might like it 465 00:26:27,160 --> 00:26:30,600 Speaker 1: very cool. Thank you who is that Calvin? Calvin the Mafiosa. 466 00:26:30,720 --> 00:26:33,479 Speaker 1: Of course, thank you Calvin the Mafiosa for writing in. 467 00:26:33,680 --> 00:26:36,560 Speaker 1: And um, we want to hear from you guys too, 468 00:26:37,080 --> 00:26:40,080 Speaker 1: so we would urge you to send us an email. 469 00:26:40,520 --> 00:26:42,840 Speaker 1: If you have something to trade, we want to hear 470 00:26:42,880 --> 00:26:45,480 Speaker 1: about it. Wrap it up spanking on the bottom and 471 00:26:45,480 --> 00:26:48,920 Speaker 1: send it to stuff podcast at how stuff works dot 472 00:26:48,960 --> 00:26:55,320 Speaker 1: com For moral on this and thousands of other topics. 473 00:26:55,480 --> 00:26:57,560 Speaker 1: Is it how stuff works dot com. To learn more 474 00:26:57,600 --> 00:27:00,399 Speaker 1: about the podcast, click on the podcast on in the 475 00:27:00,440 --> 00:27:03,520 Speaker 1: upper right corner of our homepage. The house Stuff Works 476 00:27:03,560 --> 00:27:10,000 Speaker 1: iPhone app has arrived. Download it today on iTunes. Brought 477 00:27:10,080 --> 00:27:13,280 Speaker 1: to you by the reinvented two thousand twelve camera. It's ready, 478 00:27:13,440 --> 00:27:13,840 Speaker 1: Are you