This morning's conversation:
Mordechai: Mom, where does money come from?
Me: Well, when Mommy and Daddy go to work, we get paid for our work. Then we usually put it into the bank so they can keep it safe for us and take it out when we need to buy something or pay for something.
Mordechai: Yes, but where does money come from?
Me: Um, I'm not sure what you mean, honey.
Mordechai: You get money from your work and they get money from their work and they from them...But what about the first money? Where does that money come from?
Me: Oh! (Silly me.) That comes from the U.S. Mint in Washington D.C. That's where they print the bills and make the coins. Maybe one day we can visit there but it's a long drive.
Mordechai: Aha. When I come home, can you show me where Washington D.C. is on my globe? I forgot.
P.S. I'm dreading tomorrow's question which will most likely be: Why can't they just make billions of dollars and everyone will be rich? See, I have no idea. I know the gold standard is a thing of the past but that's about as far as my knowledge of economics goes. Maybe, if I'm lucky, he'll move back to math or biology. That's much safer ground for me:)