Home | Features | Five Minute Monday | Five Minute Monday – What Gives a Dollar Bill Its Value?

Five Minute Monday – What Gives a Dollar Bill Its Value?

It’s the age old question – why is one piece of paper worth $100 while another piece of paper of equal size is worth a penny? The reason is that the government endorses one as paper currency.

Today’s Five Minute Monday video explains which agency (in the U.S.) controls the amount of money in circulation, what is inflation, what is deflation, why some amount of inflation is good, and answers the question – why doesn’t the government print trillions of dollars in cash and send a few thousand to every citizen?

see-all-videos

Check Also

Five Minute Monday – The Terracotta Warriors

The ancient Terracotta Warriors are the subject of this week’s TED-Ed video. An interesting video …

Leave a Reply

Your email address will not be published. Required fields are marked *