Learn All About why Currency is Important with “Once Upon a Dime” (1970)

once-upon-a-dime

“Once Upon a Dime” tells the story of the island kingdom of Mazuma and the growth of its economy from barter to a sophisticated modern system with a central bank. This 20 minute piece by the Federal Reserve Bank of New York illustrates the basic concepts of barter, money, banking, and inflation.

http://www.youtube.com/watch?v=xweKKhLvkEI

It was also made into a comic book.

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