Why A Dollar Bill Isn't Just Another Piece Of Paper
Feb 4, 2015
Doug Levinson did and shares his findings with TED-Ed. Levinson explores the United States Federal Reserve and digs up some facts about what makes US currency so valuable to the public. As it turns out, value depends on just how much the government decides to print, which in turn relies on how much people are spending. Talk about a vicious cycle.
Currency is essentially the fuel for every civilization. Money is used for buying homes, transportation, food, clothing, and anything else one might want or need. The possibilities are endless and the need is everlasting. But, people don't typically question what actually makes their money valuable.