We all know what money is; it's dollars, right?
OK, but what is a "dollar?" If you look on a dollar
bill it says, "Federal Reserve Note." Do you know what a
Do you know what the Federal Reserve is?
It also says, "this note is legal tender for all
debts public and private." What does that mean?
Everybody knows that the dollar is no longer backed
by gold, silver, or anything valuable. So why is it
accepted in exchange for valuable goods and services?
Do you really need to know this stuff?
Well, the more you understand about money the
easier it will be to get it! If you don't know the
menu's in a computer program, you won't be able to work
the program. It's the same with money.
This little book explains the history of money; but
more important than that, tells you what money really