Chapter 29 - The Monetary System
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YouTubeDrAzevedoEcon
Chapter 29 - The Monetary System
Barter 1:20 What is money? 2:26 Functions of money 3:27 Commodity money vs fiat money 7:22 Money in the US economy 10:25 M1 and M2 12:50 The Federal Reserve System 16:43 Jobs of the Fed 20:58 The impact of banks on the money supply 25:32 Fractional reserve banking and money creation 32:36 The money multiplier 43:16 The tools of the Fed 46:36 ...
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