What gives a dollar bill its value? - Doug Levinson



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.

Comments

  1. Nice visuals
  2. Rockerfeller and Rothschilds own the Fed Making USA israel's bitch and doing its dirty work in the middle east , a taxfarm and a warmachine for Zionists .
  3. This guy sounds like Sheldon Cooper.
  4. Because we have a global economy, we also have a global currency: It is called the U.S. Dollar, and the longer it functions as the accepted currencey of global commerce, the stronger, and more stable it gets.
  5. Not true: The government does not simply "print" money. All money is issued by banks, through lending. Lending allows for investment. Investment allows for the financing of industry. Money vouches for work done, products created, and services rendered. Without enough money in circulation, we would all be forced to use the Barter System. Again: Your Dollar is a voucher issued to represent Human Industry, and wealth created by way of Human Industry. Neither gold, nor silver, nor fiats, have anything to do directly with money.
  6. Not printed by government...mistake one 38 seconds in
    Quantitative Easing destroys the idea of value being based on scarcity 51 seconds
    The Fed is not governmental, is a trust based in Porto Rico.
    Nothing in this video is correct, or factually based.....
  7. anything we know as valuable, is only valuable because we say and believe it is, if we didn't believe something isn't valuable then it would be considered "valuable". whether that be gold silver or fiat money!!! its only valuable because we believe it to be, and that's why its used to control us, we came along way since bartering smh
  8. Money's value is in its ability to purchase our labor. See decide how much power that is when become employed and agree to work for a given dollar amount, whether that's $----.-- hourly, monthly, or annually.

    The One dollar bill and the hundred dollar bill both cost $0.14 in labor & material to produce.

    I make $20 per hour, means $20 is worth and hour of my labor.

    However, for someone employed at the federal minimum wage, $20 is worth nearly 3 hours of his or her's labor.
  9. あべりょうさんとかやりすぎコージーとか与国秀行さんとか苫米地英人さんよりも勉強になると思う
    風刺とかああいう表現は好きじゃない
    ただ、それと内容は別というのは分かるけど、
  10. 2:19 so basically now the money isnt connected to the gold reserves but the iphone reserves XD
  11. How many or few isn't what makes a dollar bill valuable. My Louka dollars are worthless regardless of if I have 1 or 1 million of them.
  12. simple. Mr krabs.
  13. I thought that American money was made of cotton.
  14. we have to know more then 10 hrs of various info to understand this 3:51 min video.😫
  15. utter BS and propaganda. In a debt based Fiat currency system you must have growth or in this case inflation, or the ponzi scheme will collapse. all money should be printed by government and not private organisations. this present system causes the poor to get poorer and the rich to get richer by doing nothing to aid Society, production or life
  16. Printed by the gov't ey? Hmm guess the Fed is now a gov't entity.
  17. Nice try, Capitalist scums!
  18. Fiat currency is the mechanism by which those who are in control of the system (central banks with help from the government ) suck wealth away from everyone else with INFLATION and TAXES.
  19. and it should be known that the USA fkd others over in that 1971 and that as before in gold now its backed by Pentagon
  20. 0:38 Look at the number above dollars,it's pi


Additional Information:

Visibility: 1446896

Duration: 3m 52s

Rating: 14323