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TED-Ed

Why can’t governments print an unlimited amount of money? - Jonathan Smith

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TEDEd Animation

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In March 2020, the COVID-19 pandemic rocked economies worldwide. Millions of people lost their jobs, and many businesses struggled to survive or shut down. Governments responded with some of the largest economic relief packages in history— the US alone spent $2.2 trillion on a first round of relief. So where did all this money come from? Jonathan Smith explores the strategy of quantitative easing.

Watch the video and finish the Think section to complete the lesson.


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Meet The Creators

Educator
Jonathan Smith
Director
Serin İnan, Kozmonot Animation Studio
Narrator
Addison Anderson
Storyboard Artist
Gürkan Gürler
Animator
Tuncay Çetin
Art Director
Gürkan Gürler
Music
Deniz Doğançay
Director of Production
Gerta Xhelo
Editorial Director
Alex Rosenthal
Producer
Bethany Cutmore-Scott
Editorial Producer
Elizabeth Cox
Script Editor
Alex Gendler
Fact-Checker
Jennifer Nam

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