I remember when I was younger, genuinely wondering why monopoly money was not the same as cash.
I don't think it would take much to explain this to a 10 year old.
I saw a video where a father explained to his daughter:
- if you had $1440 and I stole $1, you'd still have $1439, and you could use it right?
- so you have 1440 minutes in a day. If someone hurts your feelings or ruins one of those minutes, why spend more minutes thinking about it? Let it pass and focus on the rest of the 1439 minutes.
I think we could wait until they learn fractions and pie charts, and then we can illustrate the effects of money printing. I don't think it's good to frame it as our money vs the rest of the world... We don't want the goal to be getting all of the money, we just want to visualise it as constantly shrinking money.
I've list my train of thought, but just wanted to share those two stories.
