H&M, Zara, Wal-Mart and JC Penney all buy t-shirts from Bangladesh. Soon, Planet Money will too.
As you may have heard, we're making a t-shirt and telling the story of how it's made. We decided a few months ago to work with Jockey to make our t-shirts. Our women's shirt will be made in Colombia. Our men's shirt will be made, in part, in Bangladesh.
What causes what? The human brain is programmed to answer this question constantly. This how we survive. What made that noise? Bear made that noise. What caused my hand to hurt? Fire caused my hand to hurt.
We are so eager to figure what causes what — that we often get it wrong. I wore my lucky hat to the game. My team won. Therefore, my lucky hat caused my team to win.
Since the start of the year, the Japanese yen has risen by about 12 percent against the dollar. The euro has fallen by about 1 percent.
Then there's bitcoin, a virtual currency that doesn't even exist in the physical world. In the past few months, the value of bitcoin has risen by more than 1,000 percent — from less than $20 per bitcoin a few months ago to more than $200 today.
On today's show, we ask: Is a skyrocketing value a good thing or a bad thing for bitcoin?