T-Bills for Tots


The Federal Reserve recently launched a site geared towards kids aged eleven to fourteen. Trying to make financial matters “fun and interesting,” children are lead by a giant eagle wearing a patriotic top-hat and a tie through the basic world of the Federal Reserve. Curiously, the site fails to mention the word “debt” anywhere, a gaping hole in any economics lesson. But it does delve into interest rates, inflation, growth and the Federal Open Market Committee.

Another fun kids’ site stimulates kids by querying: “Have you ever asked ‘Why do we have to pay taxes?’ Do your parents pull their hair out around April 15th?” Oh, to be a kid in the age of the internet.

Fact:

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