#kidssongs #learningforchildren #financialliteracy Ep. 7 helps kids understand that people are both consumers and producers. -Producers make or grow goods and provide services. For example, a florist is a producer who makes pretty bouquets. A baker is a producer who cooks up yummy cakes, and a painter is a producer who creates artwork for us to admire. -Consumers are people who buy or use goods and services to satisfy their wants. When you eat your dinner, you will be a consumer of food. You are also a consumer when you go to school. You are consuming knowledge. Before we start, get a piece of construction paper, a pair of scissors, some markers or crayons, and a book that you are reading. Kids will become "producers" by making their own bookmark, and then be "consumers" by using the
FRED Blog considers the following as important:
This could be interesting, too:
Bank of Japan writes Outlook for Economic Activity and Prices (October 2020, The Bank’s View)
Bank of Japan writes Statement on Monetary Policy
International Settlement writes Have the driving forces of inflation changed in advanced and emerging market economies?
International Settlement writes Pass-through from short-horizon to long-horizon inflation expectations, and the anchoring of inflation expectations