- Got organized - cleaned out first quarter work from the binder setting it up for the second quarter.
- Did a little review of what we have learned so far this week...
- Lesson - Inflation - the scourge of any economy
- Watched part of the PBS special "Ascent of Money" part about the Spanish conquistadores mining and minting too many silver coins.
- This led to a discussion about: What is inflation? How does it happen? and a breakdown of how it takes place...
- Watched some Zimbabwe videos about the economic disaster there (youtube)
- Talked about how inflation can be used as a weapon (Operation Bernhard in WW2)
 |
| Movie about Operation Bernhard |
Inflation 2011
No comments:
Post a Comment