What gives a dollar bill its value? – Doug Levinson

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What gives a dollar bill its value? – Doug Levinson

currency admin September 2nd. 2021, 6:55pm

View full lesson: http://ed.ted.com/lessons/what-gives-a-dollar-bill-its-value-doug-levinson

The value of money is determined by how much (or how little) of it is in circulation. But who makes that decision, and how does their choice affect the economy at large? Doug Levinson takes a trip into the United States Federal Reserve, examining how the people who work there aim to balance the value of the dollar to prevent inflation or deflation.

Lesson by Doug Levinson, animation by Qa’ed Mai.
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