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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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Digital collage with James Monroe wrapped in an American flag and a number 1 foam hand that reads, "U, S, A." Black and white image of crowd waving American flags in background. Caption. His presidency was called the Era of Good Feelings.

Digital collage. John Adams' head superimposed on Christmas elf's body standing in front of Massachusetts State House. Speech bubble reads, "Go Sawks!" Caption. Female as narrator. John Adams was a grumpy, frumpy principled lawyer from Boston.

Painting of Thomas Jefferson with an exaggerated head. He stands in a room filled with men, some surrounding a table with books and papers. Speech bubble reads, "Take that King George!" Caption. Tom took the lead on the Declaration of Independence.

Dark frame shows a shadowy figure standing indoors. Text at the bottom of the frame reads, "Reenactment."

Black and white portrait of Thomas Jefferson. Caption. Among these are Life, Liberty and the pursuit of Happiness.

Closeup of weathered Constitution on parchment with handwritten script that reads, "We the people," in large script at top.

Black and white photo of Abraham Lincoln wearing a top hat and flanked by men in uniform. Large tent and trees in background.

Mottled black and white photo of 3 Native Americans with white tipis in background.

Black and white illustration of early 20th century woman with her arm raised to the side. She faces a man in a top hat as he leans toward her with his hand up. Another man reclines and opens his mouth as if shouting in background.