Too Much Money
Format: DVD | Streaming | Download
Length:
16:27
Grade Level: 7-12+
Closed Captioned:
Streaming/DVD: English
How does monetary inflation affect you?
Yes! When governments keep printing money without backing, reducing the purchasing power of your money; when the price of almost everything goes up, it's because government has inflated the money supply. That's inflation. At its most extreme, inflation can destroy economies, leaving money practically worthless. It happened in Spain in the 16th and 17th centuries, in 1777 during the American Revolution, in Germany after WW I, and in Bolivia in 1985.
When and where might it happen next?
