The Great Courses | How Is Money Created? | Understanding Fiat Currency @TheGreatCourses | Uploaded May 2023 | Updated October 2024, 3 hours ago.
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In a world of contactless credit card payments, paper currency may already seem outdated - but it's only been around for 200 years. On the other hand, bartering, coins, and other forms of exchange date back to ancient Mesopotamia. Discover how we got to fiat currency in this first of a two-part series about money creation. Continue this journey and discover the roles of cryptocurrency and the federal reserve by clicking the button at the end of the video or by following this link: youtu.be/-2ffoQTPGl0
This video is from the series Macroeconomics Made Clear, presented by Akila Weerapana
To learn more about macroeconomics, visit wondrium.com
00:00 Currency in Ancient Civilizations
03:50 Three Main Functions of Money
06:20 The Origin of Paper Currency
09:27 What Is Liquidity?
Welcome to Wondrium on YouTube.
Here, you can enjoy a carefully curated selection of educational videos from our library of history and science series.
If you’ve ever wanted to travel back in time, wondered about the science of life, or dreamt of exploring the stars, then Wondrium will be your new favorite channel!
If you decide you’d like to learn more about what you love, check out the full experience at wondrium.com/YouTube
There, you’ll find in-depth answers to everything you’ve ever wondered, with mind-blowing surprises along the way.
Your brain is going to love this place!
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You can also read thousands of articles from the smartest experts in their fields at Wondrium Daily: WondriumDaily.com
And, of course, check us out on all of our social channels:
-Facebook: facebook.com/wondrium
-Twitter: twitter.com/wondrium
-Instagram: instagram.com/wondrium
#macroeconomics #currency #dolladollabillyall
Want to stream more content like this… and 1,000’s of courses, documentaries & more?
👉 👉 Start Your Free Trial of Wondrium https://shorturl.at/apqDM 👈 👈
-------------------------------------------
In a world of contactless credit card payments, paper currency may already seem outdated - but it's only been around for 200 years. On the other hand, bartering, coins, and other forms of exchange date back to ancient Mesopotamia. Discover how we got to fiat currency in this first of a two-part series about money creation. Continue this journey and discover the roles of cryptocurrency and the federal reserve by clicking the button at the end of the video or by following this link: youtu.be/-2ffoQTPGl0
This video is from the series Macroeconomics Made Clear, presented by Akila Weerapana
To learn more about macroeconomics, visit wondrium.com
00:00 Currency in Ancient Civilizations
03:50 Three Main Functions of Money
06:20 The Origin of Paper Currency
09:27 What Is Liquidity?
Welcome to Wondrium on YouTube.
Here, you can enjoy a carefully curated selection of educational videos from our library of history and science series.
If you’ve ever wanted to travel back in time, wondered about the science of life, or dreamt of exploring the stars, then Wondrium will be your new favorite channel!
If you decide you’d like to learn more about what you love, check out the full experience at wondrium.com/YouTube
There, you’ll find in-depth answers to everything you’ve ever wondered, with mind-blowing surprises along the way.
Your brain is going to love this place!
-------------------------------------------
You can also read thousands of articles from the smartest experts in their fields at Wondrium Daily: WondriumDaily.com
And, of course, check us out on all of our social channels:
-Facebook: facebook.com/wondrium
-Twitter: twitter.com/wondrium
-Instagram: instagram.com/wondrium
#macroeconomics #currency #dolladollabillyall
