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How Does Money Even Work? And Why Can’t We Print More?
What is money, really? And why can't we just print more of it to fix poverty or pay for stuff?
In this beginner-friendly episode of Explain It Like I’m 5, host Alex breaks down the basics of money, inflation, and why adding more cash to the economy can actually make things worse.
We cover:
What money is and why it has value
The gold standard vs. fiat currency
What inflation and hyperinflation really mean
How central banks (like the Federal Reserve) “create” money
Why your bank account is basically just numbers on a screen
The weird world of cryptocurrency
And why printing more money might turn bananas into luxury items
If you've ever been confused by economics, or just want to understand money without a textbook or a degree—this is your episode.
View all episodes
By AlexWhat is money, really? And why can't we just print more of it to fix poverty or pay for stuff?
In this beginner-friendly episode of Explain It Like I’m 5, host Alex breaks down the basics of money, inflation, and why adding more cash to the economy can actually make things worse.
We cover:
What money is and why it has value
The gold standard vs. fiat currency
What inflation and hyperinflation really mean
How central banks (like the Federal Reserve) “create” money
Why your bank account is basically just numbers on a screen
The weird world of cryptocurrency
And why printing more money might turn bananas into luxury items
If you've ever been confused by economics, or just want to understand money without a textbook or a degree—this is your episode.