Monday, January 10, 2011

The Invention of Money

There is really nothing new about the topic discussed by the guys at This American Life from WBEZ. However, their discussion on money is very interesting to listen to, considering all the chatter about hyper-inflation. The entertaining aspect of this discussion is to hear the high level discussion and stories from other countries that have had some sort of money crisis. Whether or not the U.S. sees any serious inflation will be determined by policy makers and by our economic performance.

At about the 32 minute mark the discussion turns to what the Fed has been doing....

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