What Is Money?
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Watch these videos on the three definitions of money and the money-creation process in a fractional reserve banking system. The money creation process is key to understanding how the Federal Reserve Bank controls the economy via changes in the money supply.
- Video 1: (Macro) Episode 29: What is Money?
- Video 2: (Macro) Episode 30: Creating Money
Source: Mary J. McGlasson, https://youtu.be/DjTs-rjVkB8, https://youtu.be/pZRvja7Mvrw
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Last modified: Monday, 10 March 2025, 11:29 AM