Topics By Money For The Rest Of Us

Money - What Is Money?

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Sinopsis

This was the very first Money For the Rest of Us episode. It covers: An introduction to the podcast. Why money is no longer physical and why it’s no longer backed by gold. How the gold standard worked. How federal governments and banks create money out of thin air. How money is destroyed. How federal governments force us to use their money. Why money has value. What keeps federal governments from creating too much money. How knowing what money is and how it is created can change how you invest.