What gives a dollar bill its value?
3,880,335 views |
Doug Levinson |
TED-Ed
• June 2014
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. [Directed by Qa'ed Mai, narrated by Doug Levinson].