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Too Much Money

16 minutes 27 seconds

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Can there really ever be too much money? Yes, when governments keep printing money without backing. The consequences include reducing the purchasing power of money and increasing the prices of goods. The supply of money becomes inflated. At its most extreme, inflation can destroy economies, leaving money practically worthless. It happened in Spain in the 16th and 17th centuries, in 1777 during the American Revolution, in Germany after World War I, and in Bolivia in 1985. When and where might it happen next?

Media Details

Runtime: 16 minutes 27 seconds

Topic: Business, Social Science
Subtopic: Economics, Finance and Banking, Government
Grade/Interest Level: 9 - 12
Standards:

Release Year: 2012
Producer/Distributor: izzit.org
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Black and white portrait of Thomas Jefferson. Caption. Among these are Life, Liberty and the pursuit of Happiness.

Woman and man, seated and smiling in front of a white columned monument. Caption. Cows. Sheep?

Still image from: Advanced Placement Human Geography: Making Sense of Planet Earth--Industrialization and Economic Development

Stacked shipping containers, 1 colorfully painted with scenes in foreground. Caption. Chile is a stunning example of what can happen.

Man seated on a stool in a classroom motions across his chest with pointed left index finger while children watch. Sound of bell ringing.

2 teenage boys wearing denim jeans and t-shirts frown and look at money in their hands. Caption. If you exchange to U, S dollars.

Black and white photo of a World War 1 battle ship surrounded by crowds of people and soldiers on deck. Caption. The country went to war in 1917, singing.

2 women standing in a kitchen; 1 holds a telephone, the other has a coffee maker. Caption. Each saw the trade as a benefit to themselves.

Closeup of rice blades, some flowering. Caption. Rice is easily the most important crop.