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Crash Course: Chapter 9 - A Brief History of U.S. Money by Chris Martenson
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Why Why posted on 2013/06/05Ever wondered how US money really works and why it's changed so much? This video dives into the fascinating history of US money, from the gold standard to the Nixon Shock, giving you tons of advanced vocabulary related to economics and finance. You'll gain a deeper understanding of monetary policy and pick up some seriously useful terms along the way!
Video vocabulary
federal reserve
US /ˈfɛdərəl rɪˈzɚv/
・
UK /ˈfedərəl riˈzə:v/
- Proper Noun
- The central banking system of the United States.
B1
More bretton woods
US
・
UK
- Proper Noun
- The international monetary system established in 1944 at Bretton Woods, New Hampshire, to promote economic stability and cooperation.
- Referring to the international financial institutions (World Bank and International Monetary Fund) created at the Bretton Woods conference.
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