Raising Hope: "Burt Bucks" Season 4, Episode 2 (available on Netflix.com)
Episode demonstrates the evolution of money from barter to fiat and how inflation occurs. Barter doesn't necessarily meet the needs of everyone which evolves into "Burt Bucks" as a paper vehicle of exchange among the businesses in the town. Burt runs out of Burt Bucks, copies more and winds up flooding the market creating hyperinflation which ultimately leads to the demise of the currency. Humorous, but relevant introduction to discussion on money and monetary policy. |