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Material Detail

Jonathan Smith: How do governments create money out of thin air?

Jonathan Smith: How do governments create money out of thin air?

In March 2020, the COVID-19 pandemic rocked economies worldwide. Millions of people lost their jobs, and many businesses struggled to survive or shut down. Governments responded with some of the largest economic relief packages in history— the US alone spent $2.2 trillion on a first round of relief. So where did all this money come from? Jonathan Smith explores the strategy of quantitative easing. [Directed by Serin İnan, Kozmonot Animation...

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More about this material

Material Type:
Presentation
Date Added to MERLOT:
October 31, 2023
Date Modified in MERLOT:
October 31, 2023
Author:
Submitter:
Cathy Swift
Asian American, Native American, Pacific Islander Serving Institution Hispanic Serving Institution
Primary Audience:
College Lower Division, College Upper Division
Technical Format:
Video, Website
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
Unknown
Creative Commons:
No

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