why not print more cash to make every one can buy any thing they want? I do not know how to explain it in a simply way to the kids. Any suggestion? Thanks!
from a layman's point of view, banknotes represents the total amount of prod ucts you can purchase. The extra banknotes printed devalues the "purchasing power" of each banknote. You can show this to the kids through an easy demonstration. Get 5 candies, and give the kids 5 tickets to exchange for the candies, one for each. Allow them to exchange for 2 candies, and then "produce" 3 more tickets. This way , with no increase of the amount of candies, they need to turn in 2 tickets for one candy. If
【在 m********y 的大作中提到】 : why not print more cash to make every one can buy any thing they want? : I do not know how to explain it in a simply way to the kids. Any suggestion? : Thanks!
U*e
5 楼
给kids讲个农夫买鱼和渔夫买米的故事
prod purchasing , Allow way tickets can
【在 j**********y 的大作中提到】 : from a layman's point of view, banknotes represents the total amount of prod : ucts you can purchase. The extra banknotes printed devalues the "purchasing : power" of each banknote. : You can show this to the kids through an easy demonstration. Get 5 candies, : and give the kids 5 tickets to exchange for the candies, one for each. Allow : them to exchange for 2 candies, and then "produce" 3 more tickets. This way : , with no increase of the amount of candies, they need to turn in 2 tickets : for one candy. If