Question 1: Look up the exchange rate of the U.S. dollar for another currency in a country you may wish to visit in the future - whether to go on vacation, visit family, or travel for business. Do some online research - what was the exchange rate last year? How about three years ago? What do you think resulted in these changes?
Question 2: Do you think the government and Federal Reserve should, indeed, make monetary and fiscal adjustments every so often when there is a lot of inflation, or do you think they should adopt a hands off approach to let the economy play out as it wants so that it can correct itself without the same threat of destroying certain sectors of the economy?