South Park — Fiat Money


Stan describes the economy as being both real and not real at the same time. The market works because people believe in the economy and believe that paper money and plastic can count as spending. The concept of fiat money stems from people’s belief that the currency they hold actually has true value. This differs from commodity money in that the currency is not tied to a single asset.

Thanks to Zoe Cook-Nadel for the suggestion!

McDonald’s — Weak Dollar

In this commercial, office workers are lamenting the apparent weakness of the dollar relative to other currencies. Another worker comes by with a hamburger from McDonald’s $1 menu and the office changes their tunes when they realize that a dollar can buy a whole hamburger.

Rick and Morty — Devaluing the Intergalactic Currency

One of the main characters just changed the value of the international currency to be zero which has the effect of causing all money to be worthless. The clip focuses on the president of the galactic federation and his aides discussing what to do about the sudden lack of money when the aides realize that without any money they won’t get paid and that they refuse to work for nothing. The president comes up with a solution that involves blowing his brains out with a handy space pistol.

Thanks for the summary and clip Ben Kupp!

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