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Brief Comments on Monetary Policy

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Money and Purchasing Power

25 de febrero de 2010   | Vistas: 2 |  

About this video

Currency and monetary systems are used around the world because of their ability to simplify exchange.  In this interview, Jerry L. Jordan explains what money really represents and how it relates to the purchasing power it provides.  Contrary to what most people think, money is not wealth; it is part of an information system that indicates the relative value of things. In order for the system to work, the information must be reliable; this is why societies with stable governments also tend to have successful economies.



Credits

Money and Purchasing Power
Jerry L. Jordan

Special Collections Room
Universidad Francisco Marroquín
Guatemala, February 25, 2010

New Media - UFM production.  Guatemala, April 2010
Camera: Jorge Samayoa, Mario Estrada; digital editing: Claudia de Obregón; index and synopsis: Sergio Bustamante; content revisers: Daphne Ortiz, Jennifer Keller; publication: Carlos Petz/Daphne Ortiz




Jerry L. Jordan is an economist, president of the Pacific Academy for Advanced Studies and member of the board of…

IDEAS DE LA LIBERTAD

Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín