Banking 17: What Happened to the Gold

Lecture Description

Getting off the gold standard. A short discussion of the meaning of wealth.

Course Description

Videos on how banks work and how money is created.

Course Index

1. Banking 5: Introduction to Bank Notes
2. Banking 6: Bank Notes and Checks
3. Banking 7: Giving Out Loans Without Giving Out Gold
4. Banking 8: Reserve Ratios
5. Banking 9: More on Reserve Rations (Bad Sound)
6. Banking 10: Introduction to Leverage (Bad Sound)
7. Banking 11: A Reserve Bank
8. Banking 12: Treasuries
9. Banking 13: Open Market Operations
10. Banking 14: Fed Fund Rates
11. Banking 15: More on the Fed Fund Rates
12. Banking 16: Why Target Rates vs. Money Supply
13. Banking 17: What Happened to the Gold
14. Banking 18: Big Picture Discussion
15. The Discount Rate
16. Purchase Agreements (Repo Transactions)
17. Federal Reserve Balance Sheet
18. Fractional Reserve Banking Commentary 1
19. FRB Commentary 2: Deposit Insurance
20. FRB Commentary 3: Big Picture