Topic: Silver Certificate

1 chapters across the catalog

63: We Are People 1
1:18:22 - 1:23:34

63: We Are People 1

Khan Academy Economics and the Psychology of Money

Using a Khan Academy lesson, the hosts explain the difference between commodity-backed money (like silver certificates) and fiat money, which has value only by government decree. They relate this to the "psychology of trust" in society. The segment argues that the belief in the value of the US dollar is a form of "mind control" backed by military force.