THE HISTORY OF MONEY AND GOVERNMENT SPENDING

This course is about the historic development of money by world civilizations. It covers the evolution of the U.S. dollar bill, coins, and gold and silver reserves as well as the creation of the U.S. central bank (the Federal Reserve) and its relation to the Treasury and Congress. The instructor describes the process by which the U.S. government spends money and leads a discussion about government deficits and debt.

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