Whatever Happened to Penny Candy?

Something to think about...

"When crooks expand the money supply, this is called counterfeiting.  When governments do it, it is called 'monetary policy,' but it is the same thing, inflation.  In both cases it causes falling money and rising prices.

 Few governments want us to understand what they are doing.  Most have redefined inflation to mean rising prices.  This draws attention away from the money supply."  ~ p.136 of Whatever Happened to Penny Candy

I must admit, Economics is usually a pretty boring subject.  And it will stay boring unless your eyes are opened to how it can be applied to your life.   Perry and I have slowly been reading through Whatever Happened to Penny Candy by Richard J. Maybury at night before we go to bed.  It is actually one of Daniel's old homeschool books that I've always wanted to read.  It has brought up many interesting conversations about economics and how it relates to everything that is going on in our world today, and even more interesting - how it relates to us, our family and our friends.

Did you know that inflation has already destroyed three different United States dollars?   The Continental Dollar, The Civil War Greenback and the Confederate Dollar.

Does anyone know how the Federal Reserve Dollar is doing right now?

 We would love to continue this and other conversations with others who are interested.  I have provided a link below to purchase the book from Amazon, but I'm sure you could also find it at your local library.

Please share your thoughts...

~Erin