Search the Internet and watch the first 6 minutes of PBS Idea Channel’s video: Are Bitcoins and Unusual Hats the Future of Currency?

Consider the functions of money as well as the risks inherent in traditional fiat currency. After watching the video, consider the following questions: Do alternative currencies have real world worth? What are the pros and cons of the expanding popularity and acceptance of these forms of money?

250 words

1. must include APA formatted

2. include personal examples

3. Two(2) paragraphs in length

Questions:

1. Evaluate the effectiveness of using monetary policy to influencing the economy.

2. Analyze the challenges of using monetary policy to influence the economy.

3. Evaluate who is more important, the President of the Fed or the US.

4. Evaluate the most appropriate monetary policy for our economy right now.

5. Analyze how this policy on #4 will influence the AD/AS model.