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cover of episode How do ATMs work? (And other money questions from you!)

How do ATMs work? (And other money questions from you!)

2025/6/24
logo of podcast Marketplace All-in-One

Marketplace All-in-One

AI Chapters Transcript
Chapters
This chapter explores the origin of the name "penny" for the U.S. one-cent coin, tracing it back to its British counterpart and highlighting the role of tradition in its continued usage.
  • The U.S. penny's name comes from the British penny.
  • Before the U.S. made its own coins, British pennies were commonly used.
  • When the U.S. started minting its own coins in 1793, the one-cent coin was already called a penny, thus starting a tradition.

Shownotes Transcript

Bridget and Ryan hit rewind and break out an old-school cassette tape to answer your money questions. You wanted to know: how ATMs work, why the penny’s called the penny and how airlines set ticket prices? So we’re on the case to bring you the answers with an analog twist!

If your family is interested in learning more about the questions we answered in this episode, check out our website). We’ve got discussion questions and tips!

*This episode is sponsored by Greenlight. Sign up for Greenlight today at greenlight.com/million).*