Effects+on+us

HOW THIS EFFECTS US???

Analyzation: Shows all the complicated things that makes the money value different and questions why all this matters.

How it will effect us right now. -Currently, traveling would be a problem. If you go to a different country, their money values would be different and it would be hard to exchange money and go through that process every time you travel. - For me, as a student coming from the United States and having a dad that works in Korea, it was harder financially. I would be using American money but my dad would be earning Korean won. As you know, Korean won is worth less than American dollars. So, my dad would have to work extra to support me.

 Analyzation: The crumpled up Korean won shows the uselessness of i t.

- As the money inflates and deflates, the prices of things will get higher or lower and your paycheck will do the same. For example, after Korea got in to serious inflation, things started to get expensive like, bread, chips or any other ordinary things. -Students that go to international school that want to go back to their country are going to have a hard time. The parents are going to struggle to adjust to the new value of money and are going to work harder.

How it might effect us in the future. - If the Great Depression occurs, we would go through the same things that the people did back then. We wouldn't have houses or anything else and our country in general would be poor, maybe even globally!



Analyzation: Imagine us being like this in a few years. Cold and poor with no where to go.

-As inflation and deflation keeps going up and down, in the future, there might be a time where the government just decides to have low paychecks and high prices to keep the money for themselves!