The Money Hero Blog
Kalinda Rose Stevenson, Ph.D.  

Archive for April, 2008

How The Federal Reserve Uses Interest Rates To Control The Money Supply

Tuesday, April 29th, 2008

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Interest rate changes are the most widely publicized method the Federal Reserve uses to control the money supply.
You will see all kinds of speculation about what the Federal Reserve will do before such meetings, which affects [...]

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Is The Monopoly Game Teaching You To Go Broke?

Monday, April 28th, 2008

Monopoly is a zero sum game based on competition, based on a limited money supply. Since the money supply cannot increase, the players can win only by taking money from other players.
This fundamental reality of Monopoly is that one player wins while the others lose. This reflects the experience of the Great Depression. Thousands stood [...]

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