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Poole Gives "Dollars and Sense" Speech

Former St. Louis Fed President Bill Poole spoke Jan. 9 about the subprime mortgage mess, key mistakes made by borrowers and other market players, and how the economy can recover.

"If borrowers, lenders and investors can refocus on financial basics and re-emphasize critical lessons about credit and risk, the financial future can be brighter than the second half of 2007. For that brighter future, we need to infuse our education at all levels with the lessons of 2007—old lessons to be sure but easy to understand at a very practical level from 2007 experience. (Read more.)

Find out more about our programs, including conferences and workshops for educators; the annual Fed Challenge competition for high-school students; print and electronic resources to help teachers and students understand economics and the Federal Reserve System; and tours for high school, college and community groups.

Inside the Vault Focuses on Globalization

Globalization has been crucial for economic growth over time. Find out more about its benefits and downsides in the lead article of the spring issue of Inside the Vault, our economic education newsletter.

Also in this issue, learn about international groups that play key economic roles in Q&A, and get the latest news on Fed teaching tools, courses and conferences in Bulletin Board.

Educators: Take our survey! If you use Inside the Vault in your classroom, we want to hear what you think. Please take a few moments to complete our online survey.

New Fed Lesson Plans Feature Lincoln, Redesigned $5 Bill

The redesigned $5 bill is now in circulation. Teachers can educate their students about pictured president Abraham Lincoln and the bill's new security features with the help of two new lesson plans developed by the St. Louis Fed.

"Abraham Lincoln and the $5 Note," written for grades 5-8, includes instruction about Lincoln, the characteristics of money and the newly designed note.
"Currency and the Fed," for grades 9-12, explains the functions of money and the Fed's role in currency.

You can also learn about the $5 bill's new safety and security features in a podcast from the Philadelphia Fed.

Learn More about the Fed's Great Depression Curriculum

The Federal Reserve Bank of St. Louis has developed a new curriculum for teaching about the Great Depression. The curriculum includes six stand-alone lessons that teachers can share with their students to help them understand this significant experience in U.S. history. To learn more about the curriculum, view a copy of it or register for a workshop, visit our Great Depression curriculum web site.

Resource Guide Plus Connects Educators with the Fed

The Fed's new online economic education resource guide, Resource Guide Plus, gives educators the opportunity to browse and order Fed materials and to share ideas for using Fed resources in the classroom.

This site serves as a portal to the Fed System's valuable economic education resources, including FED101, our interactive web site for high school, college and general audiences.

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