UNDERSTANDING MONEY AND INFLATION

Part 1 outlines money’s function as a standard and storehouse of value, medium of exchange, and universal carrier of credit. Part 2 covers the debt-based system in which commercial banks grow the money supply, along with the differing results of private and government borrowing. Part 3 analyzes in depth the widely misunderstood concept of inflation, explaining its history, causes, effects, and possibilities for modulating it. Cogent narration overlays pan-and-scan camera work that imparts motion to a parade of colorful illustrations.

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