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Economics of Parks & Recreation

Exploring hidden economic concepts within NBC's hit television show, Parks and Rec.

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Tag: foreign exchange

American Currency in London

2017
http://videos.criticalcommons.org/transcoded/http/www.criticalcommons.org/Members/JJWooten/clips/p-r-american-currency-in-london/video_file/mp4-high/s6-e1-american-currency-mp4.mp4

The Parks Department lists London and many of them go sightseeing. Ron comes across a novelty postcard that he likes and tries to buy the postcard with American currency, but his money isn’t accepted. Despite the importance of the dollar on a global scale, this currency has little value to the shopkeeper.

See more: fiat money, foreign exchange, medium of exchange, money, store of value, transaction costs, unit of account

1 Comment American Currency in London

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