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What is Money? A brief history of money.
Welcome to Dragon Financial. Follow along as we start this multipart series on money. So, what is money? And what is it for? And why do we use money? Cows, shells, stones, coins, gold, silver, and paper at one point were all money. Follow along as we explore the evolution of money and briefly touch on Inflation.
DISCLAIMER:
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. I am not a financial advisor. No copyright infringement is intended. If you are or represent the copyright owner of materials used in this video and have a problem with using said material, please contact me via my email on the "about" page on my channel.
AFFILIATE DISCLOSURE: there may be a few links in this description that, at no cost to you, will earn me a commission if you choose to click them and make a purchase.
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Logo - 00:00
Intro - 00:09
What is Money - 00:57
Metal Coins - 01:52
Paper Money - 02:20
Modern Deposit Banking - 02:55
Fractional Reserve Banking - 03:43
The Gold Standard - 04:32
Fiat Currency - 04:48
Inflation - 05:10
Consumer Price Index - 05:31
Topics - 05:54
Conclusion - 06:16
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