The currency of the new economy is trust

Ted.com provides a lot of inspirational and informative content that relates to financial life skills and learning.  One such video (https://www.ted.com/playlists/366/the_economy_of_trust) relates to the economy of trust. Trust is of course, fundamental to the financial services industry.

There’s been an explosion of collaborative consumption — web-powered sharing of cars, apartments, skills. Rachel Botsman explores the currency that makes systems like Airbnb and Taskrabbit work: trust, influence, and what she calls “reputation capital.”

Reference: https://www.ted.com/playlists/366/the_economy_of_trust

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