Economic405

Week 1 Discussions

"Money and the Financial System" Please respond to the following:

4 short but fascinating videos on President Andrew Jackson, as well as various U.S. founding fathers,  on fearing the actions and corruptions of big bankers!!!  Sound familiar to today!!

1 President Andrew Jackson and Big Banks--sounds like today!!!) --(from History Channel)- http://www.youtube.com/watch?v=Knf8KA5aAjw&feature=related 

2 (Also Thomas Jefferson)  --- http://www.youtube.com/watch?v=3cnItVN1Gk0   and

3 http://www.youtube.com/watch?v=H7yjfI19b7s 

4 ( from HBO film mini series on President John Adams-- (Watch at the dinner table--George Washington, Thomas Jefferson- who had just returned from Paris, Alexander Hamilton, our first Secretary of the Treasury, and John Adams) http://www.youtube.com/watch?v=UrxKOO0nKwc 

"Quantitative Easing"
cartoon video 5 million hits on You Tube This You Tube Cartoon video has had over 5 million hits!!!! Fortune magazine even had an entire article on it--where they discussed people were learning economics by cartoon. Quantitative Easing ("printing money" of Treasury/Fed)http://www.youtube.com/watch?v=PTUY16CkS-k

Printing Money http://www.youtube.com/watch?v=JKYHeXxsg6g   and http://www.youtube.com/watch?v=BLrpg8Bya24 

"How Fed works" cartoon video http://www.youtube.com/watch?v=Oe0fGXzKb1o&feature=related 

"Money, Banking, and the Financial System" Please respond to the following:

Inflation in Argentina http://www.youtube.com/watch?v=WGqcSTtS26k 

My USA TODAY article on banking crisis-- check out date--sounds like today though--same old, same old!!! CastorinaUSA_TODAY_FDIC[1]Rev.doc  (right click and open in new window)