Category: Young Adult Guide

Why Can’t We Just Print More Money?

A Young Adult’s Guide to Inflation Today’s money is known as fiat money An increase in the supply of money causes inflation Zimbabwe is a case study in printing money Even if done in secret, printing money would not work

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Capitalism vs Socialism: A Young Adult’s Guide

In capitalism, businesses are owned by individuals and run for profit In socialism, businesses are owned by the state (or the workforce), with profits redistributed Why a car dealership? Because I like cars. No, really, that was it. Before you

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How does Wall Street work? A young adult’s guide

A simple example illustrates how Wall Street works The jobs of traders, investment bankers, and salespeople demystified   So, you kind of get what Wall Street does. A lil’ bit. But not really. Something with money, and the economy, and

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