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Oct 28, 2009

Oct 28, 2009. I. Unemployment Causes Policies II. Money What it is How much is there III. Banks. Union Membership. Functions of Money. Medium of Exchange Store of Value Unit of Account. Stone Money of Yap Island. Federal Reserve Bank of NY. Gold Vault at NY Fed.

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Oct 28, 2009

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  1. Oct 28, 2009 I. Unemployment Causes Policies II. Money What it is How much is there III. Banks

  2. Union Membership

  3. Functions of Money Medium of Exchange Store of Value Unit of Account

  4. Stone Money of Yap Island

  5. Federal Reserve Bank of NY

  6. Gold Vault at NY Fed 80 feet below ground, on Manhattan bedrock

  7. Hard to break into (Bruce Willis notwithstanding)

  8. On the other side of the door is 266 million ounces of gold. Each bar is worth about $450,000 at current market rates.

  9. A job worth having?

  10. Resisting temptation

  11. FDIC

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