The value of money is determined by how much (or how little) of it is in circulation. But who makes that decision, and how does their choice affect the economy at large? Doug Levinson takes a trip into the United States Federal Reserve, examining how the people who work there aim to balance the value of the dollar to prevent inflation or deflation. [Directed by Qa'ed Mai, narrated by Doug Levinson].

Doug Levinson: What gives a dollar bill its value?

What gives a dollar bill its value?

Fiat money's value isn't in the paper it's printed on but in government backing and controlled scarcity, balancing the economy.

The Federal Reserve, an independent entity, steers the U.S. economy, balancing inflation and deflation to promote growth.

A delicate equilibrium of money supply by the Fed ensures your dollar retains value, influencing both job prospects and inflation.