What do you (really) know about MONEY? 🤑

A deep dive into the History, the creation and the circulation of Money and Wealth. Learn about the secrets of Money the rich people don’t want you to know. Best of all, you do not need to be good in Maths. 😉

Description

Money, Wealth, Currencies, Currency, Crypto, Cryptocurrencies, History, Macroeconomics, Secrets, Debt, Banks, Rich, Future, Inflation, Deflation, Hyperinflation, Fiat, Gold, Silver, Bitcoin, USA, China, Europe, UK

Tags

Questions

1 min

Per question

6:10

Average time

4.0

Contest Score

3.0

Community Rating

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6 comments

Giant Elk judge Jul 5, 2020

This test may have a higher chance of receiving a reward. Nominated for:

1. Educational explanations. 👍 Explanations cover why the correct answers are correct and why the wrong answers are wrong (when appropriate). E.g.: #q5, #q7, #q13, #q1, #q18

2. Step-by-step approach to teaching. 👍 E.g.: #q1, #q9, #q14, #q20, #q28

Quick Python Jul 15, 2020

Exactly why did he teach step by step? Is it from simple to difficult? Or...? Only and only complete description.

Sturdy Mantis May 25, 2020

Good

Bold Pony author Jun 3, 2020

Very well structured and interesting quiz. I learned a lot.

Sharp Flamingo Jun 3, 2020

The formulation of question #22 is not completely right: commercial banks indeed do create money through the bank multiplier, thus, increasing the total money supply. Although the difference between 'money' and 'currency' could be vague, they do not create currency (they don't have the right to print new money), and the question is formulated about whether they can actually create currency

Fair Flamingo Jul 9, 2020

great job! interesting quiz. q#30 was a pleasant bonus;)

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