1. Introduce the topic: Monetary policy objectives, fractional reserve system, and monetary policy tools.
2. Describe how expansionary monetary policy during and after the pandemic affected the economy.

Use the AD/AS model to illustrate your answer.

Sources:

• Bad Government Brings Bad Inflation
• Inflation, Quick and Dirty | Mises Institute
• Roots of Our Current Inflation: A Deeply Flawed Monetary System | Mises Wire

3. What is the Fed? Okay, it's the Federal Reserve. But what is that? What does it do? What is its role? How does the Fed affect us and our money? In what ways has the Fed been criticized?

4. Study and prepare a summary of why Andrew Jackson shut the Second Bank

Source:

• https://www.youtube.com/watch?v=ITZ3BERq0L0&t=451s
• Andrew Jackson & The Bank Wars: BRI's AP U.S. History Exam Study Guide

5. Discuss the possiblefuturechanges in money and the monetary system.

• The "Great Reset" and the Future of Money... Here's What You Need To Know
• Let the Market Come Up With Better Money Tech | Cato Institute
• McWilliams Leaves FDIC with a Lesson for the Fed | Cato at Liberty Blog
• Central Banks and Digital Currencies - Liberty Street Economics