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Showing Grade 12e, Unit 3b, Money and Banking
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The Great Gold Robbery

http://209.217.49.168/vnews.php?nid=503

Description: We are all accustomed to spending those little green pieces of paper printed with the words "Federal Reserve Note" on them. Rarely do we ask why people are so willing to accept them in exchange. What do those dollar bills stand for, after all? At one time, they stood for gold. The story of why gold was once our money, what purpose it served as the basis of our monetary system, and why government revoked the gold standard is the topic of this lesson. Standards 12.3.4 and 12.5.3

Author: James Bovard, Foundation for Economic Education

Lesson ID: 1039

1 lessons found; showing 10 per page, sorted by Title...
Showing Grade 12e, Unit 3b, Money and Banking
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