I tried to incorporate a simple lesson on the Federal Reserve's printing presses (or actually the Treasury Dept's), but yeah, that was a little too complex for her! I'm working on an analogy using the boardgame of Monopoly to simplify a small market economy complete with consumers, bankers, property, rules, price, supply, demand, and fiat currency. We're missing the production component though. It's a work in progress but I'm trying to show how rapidly introducing more units of Monopoly money into the game by the banker (behind a cardboard wall) will make all the prices on the board go up...
It's pretty fascinating if you just think about it in a small scale economy like a family game of Monopoly!
I'm a serial entrepreneur and liberty activist from Texas!
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