4/30/12

(MO) Money

(MO.1) Examples of commodity, debt, and fiat money [video] (pic used in video)
Practice Questions

(MO.2.a) Introducing the MV = PQ equation (Quantity Theory of Money) [video] (pic used in video)
Practice Questions

Video 1—If the Roman emperor distributes all the gold in this video, how will the price of goods in Rome respond?
(From Fall of the Roman Empire (1964))
(must use Internet Explorer)

(MO.2.b) Printing and burning money [video] (pic used in video)
Practice Questions (contains questions for Videos 1 & 2 also)

Video 2—Why Ben Bernanke was so eager to print money and give it to banks during the 2008 Financial Crisis
(From the movie, Too Big To Fail (2011), where Paul Giamatti plays Ben Bernanke trying to warn Congress what will happen if it doesn't save the financial sector)

(must use Internet Explorer)

(MO.2.c) Inflation versus hyperinflation [video] (pic used in video)

(MO.3) Fiscal stimuli and the Quantity Theory of Money [article]