Money WondersPlay

Zone 17 · Household

Gold & the Dollar

Nine lessons of about three minutes each, every one with a live demo and a quick test.

  • Money & Its History×8
  • Money Mindset & Psychology
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  1. 145Monetary HistoryThe Gold StandardWhen every dollar could be swapped for gold
  2. 146CurrencyThe $100,000 BillIt exists, but you could never spend it
  3. 147Monetary HistoryGreenbacks: Money for a WarThe Civil War gave America paper money backed by law, not gold
  4. 148Fiat MoneyThe Dollar Is Backed by GoldIt hasn't been since 1971
  5. 149Modern MoneyWho Makes the DollarThe Mint, the printing bureau and the Fed
  6. 150TrustThe Stone That SankOn Yap, a giant stone coin lost at sea still counted as wealth, because everyone agreed it existed
  7. 151CurrencyDollar Bills Are Mostly CottonThat's why they survive the washing machine
  8. 152PaymentsChecks, Cards and TapsHow Americans moved from paper to plastic to phones
  9. 153Behavioral EconomicsThe Endowment EffectOwning something makes it feel worth more