Prerequisites¶
Subgraph¶
graph LR
1["What is Money"]-->0{"How the US Monetary System Works"}
2["What is Money Printing"]-->0{"How the US Monetary System Works"}
0{"How the US Monetary System Works"}-->3["What About Banks"]
0{"How the US Monetary System Works"}-->4["What is a Credit or Debit Card"]
0{"How the US Monetary System Works"}-->5["What is a Layer 2"]
click 1 "../What_is_Money" "What is Money"
click 2 "../What_is_Money_Printing" "What is Money Printing"
click 3 "../What_About_Banks" "What About Banks"
click 4 "../What_is_a_Credit_or_Debit_Card" "What is a Credit or Debit Card"
click 5 "../What_is_a_Layer_2" "What is a Layer 2"
Description¶
The monetary system in the United States is based on fiat currency. The US dollar is the primary currency and it is used to buy goods and services both in the US and around the world. The monetary system is regulated by the Federal Reserve which is responsible for issuing currency setting interest rates and managing the money supply. The Federal Reserve also oversees the banking system in the US.
Links¶
Links to other educational resources here: