Sunday, October 28, 2012

Thursday, October 25th, 2012

Today our focus was on:

  • Reviewing the foreign exchange rates homework from the night before.
  • The Main Topic - Inflation - Why Everyone Can't Be A Millionaire.
  • Inflation activity - Mr. M led a simulation in which he flooded an economy with money and the disastrous result. 
  • After this, we took a look at the inflation meltdown in Zimbabwe. We looked at some Youtube videos for this.
  • Finally, in some classes Mr. M showed how inflation could be used as a weapon (Operation Bernhard in WWII).



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