Chapter 29 - The Monetary System

  Рет қаралды 50,187

DrAzevedoEcon

DrAzevedoEcon

4 жыл бұрын

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
Problems in controlling the money supply 55:27

Пікірлер: 67
@huonglynguyen6255
@huonglynguyen6255 3 жыл бұрын
Just get addicted to many of your lectures! Please continuing teaching like this as I deeply appreciate!
@DrAzevedoEcon
@DrAzevedoEcon 3 жыл бұрын
Ha! I'm glad the videos are helping!
@MulaifaMukwevho
@MulaifaMukwevho 5 ай бұрын
your videos made me score a distinction in semester 1. Keep up the good work
@DrAzevedoEcon
@DrAzevedoEcon 5 ай бұрын
Congratulations! Happy to help!
@topg_57
@topg_57 2 жыл бұрын
Thank you professor. Your lectures were quite engaging. I scored decent in my university test by watching your lectures a night before.
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
I'm glad the videos helped!
@rayonnefrett6622
@rayonnefrett6622 3 жыл бұрын
Great study material!
@SerenaZhao-rw7ow
@SerenaZhao-rw7ow Жыл бұрын
Quote what I learnt from this series, your lessons is truly positive externality! Many thanks💐
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
You're welcome! Glad to help!
@meetpatel8446
@meetpatel8446 3 жыл бұрын
Great work... Please upload the lectures of remaining chapters also🙏
@chhayankmulchandani4812
@chhayankmulchandani4812 3 жыл бұрын
Really helpful lecture sir, respect from India.
@nganduongnguyenthanh2971
@nganduongnguyenthanh2971 2 жыл бұрын
Thank you so much, this really helps me.
@yolandaafricander4346
@yolandaafricander4346 Жыл бұрын
This is great thank you
@aisharizqimahirani3255
@aisharizqimahirani3255 4 жыл бұрын
Really helped my mid exam !! Thank you sir
@azizatay3714
@azizatay3714 10 ай бұрын
The things you said about effects of the cahnges in discount rate and what you write about it are different, and I think the things on the board are the accurate ones. But thank you a lot for these lectures. The lectures are amazing.
@DrAzevedoEcon
@DrAzevedoEcon 10 ай бұрын
Hmmm....I didn't find a mistake in the video, but I know there there are certainly times when I say one thing and write another. My students will usually point it out if we're in a face-to-face class. Glad you like the videos!
@JohnSmith-wy6mh
@JohnSmith-wy6mh 2 жыл бұрын
I'm a Chinese student, it's hard for me to look for the English lessons of principles of economics. Really thank you for your lessons.
@WillTheVideoMaker
@WillTheVideoMaker Жыл бұрын
Well, if you are a Chinese student, then you could easily have searched up economics with the Chinese characters, and is just as great as this one, if not better
@user-sf2bt9ur2v
@user-sf2bt9ur2v Жыл бұрын
Спасибо большое!!!!! полезно тем, кто в последний день готовится к экзамену
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
Я рад помочь!
@bbc-monster
@bbc-monster 7 ай бұрын
Thank you for the helpful video
@baratarohankumar1735
@baratarohankumar1735 Жыл бұрын
sir your teaching style is fantastic ......the way you teach the concepts get printed in the mind
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
Thanks! I've been teaching for a long time. Happy to help!
@hahoangngan5274
@hahoangngan5274 6 ай бұрын
Thank you so much!
@sowhatbtsaremyidols
@sowhatbtsaremyidols Жыл бұрын
Best teacher ever !
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
Thanks! Glad to help!
@ankitYadav_4391
@ankitYadav_4391 5 ай бұрын
Thank you professor for the amazing videos
@DrAzevedoEcon
@DrAzevedoEcon 5 ай бұрын
You're welcome!
@kimeonemcleod1576
@kimeonemcleod1576 Жыл бұрын
Thank you 🙏🏾
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
You're welcome!
@gabrielfernandes2880
@gabrielfernandes2880 5 ай бұрын
great class! watching from brazil!!
@DrAzevedoEcon
@DrAzevedoEcon 5 ай бұрын
Thanks!
@poetry4582
@poetry4582 Жыл бұрын
perfect
@charliejennifer3874
@charliejennifer3874 2 жыл бұрын
Love your new lectures! Very cool system of looking at audience while writing… are you writing backwards so we can see everything properly?If I may make a suggestion, can you write a little larger, most of my students (and me) watch your videos on phones. You have a kind voice and I love that you speak slow enough for students to process the information you are teaching.
@DrAzevedoEcon
@DrAzevedoEcon 2 жыл бұрын
Thanks for the kind words! Not writing backwards...the video is just flipped so that it looks that way. I'll try to write larger in the future. I have a habit of trying to fit a lot of information in a small space so that I don't have to erase as much. That's not conducive to watching on a phone.
@charliejennifer3874
@charliejennifer3874 2 жыл бұрын
From May 2020 on, M1 comprises currency, demand deposits, and other liquid deposits. Since Savings accounts are now more liquid, they are no longer part of M2 but part of M1.
@DrAzevedoEcon
@DrAzevedoEcon 2 жыл бұрын
Good point. I'll need to record a new video very soon because the tools of the Fed have changed as well.
@user-xn7pc4op7g
@user-xn7pc4op7g 6 ай бұрын
Sir please, post lectures on monetary economics, managerial economics,and also mathematical economics, stay blessed
@QueenV90z
@QueenV90z Жыл бұрын
Thanks for the video. I am preparing for a quiz and the final exam later in the semester.
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
You're welcome. Good luck on the quizzes and exam!
@QueenV90z
@QueenV90z Жыл бұрын
@@DrAzevedoEcon thank you! 😊
@deepikaanand8088
@deepikaanand8088 Жыл бұрын
can you suggest some more economic interviews or podcast or books . also your videos are very helpful and engaging.
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
If you haven't read the Freakonomics books, I highly recommend them. I also recommend the book Reinventing the Bazaar by John McMillan....one of my favorite books.
@user-yv9eb9ik5n
@user-yv9eb9ik5n 11 ай бұрын
I have a question, can you explain how to calculate leverage ratio? Thank you!
@danielk.5890
@danielk.5890 4 ай бұрын
Not sure if I got that right. Even though the transfer of money from bank A to B doesn’t create new money, the expenditure of the credit does as it leads to a new account and new credits loaned. The example of the buried money might be misleading in that respect as this example is completely negligible. Furthermore, I think that the reserve rate can’t be equated with currency as it wasn’t currency in the first place. It is basically just a digital number. I bet that if 5% of all Americans tomorrow would only withdraw 5% of all deposits that the financial institutions wouldn’t stand a chance in hell to pay it in cash. It is in my humble opinion but a token to comfort the public. Thank you for your work.
@timothydaniels2080
@timothydaniels2080 Жыл бұрын
How is this guy so good at writing backwards
@Beecroftj
@Beecroftj Жыл бұрын
Amazing how he can do mirror writing!!!
@mawiachinzah7141
@mawiachinzah7141 6 ай бұрын
Yap
@shaikhtabrez6535
@shaikhtabrez6535 Жыл бұрын
Thank u professor
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
You're welcome!
@randomdude7384
@randomdude7384 Ай бұрын
Do I have to start watching these in the numerical order - from the very first one onward - or can I watch them at random? I've no knowledge about economics whatsoever; it's just certain videos interest me more than others. My only concern is that I don't understand this or a few previous ones, without having watched all the videos you posted in the beginning of the course.
@matildalynenskjold6588
@matildalynenskjold6588 9 ай бұрын
Hey can you help me out with this? Which of the following statements regarding the capital requirement is true? Check all that apply. It specifies a minimum leverage ratio for all banks. The higher the percentage of assets a bank holds as loans, the higher the capital requirement. Its intended goal is to protect the interests of those who hold equity in the bank.
@_foley_6371
@_foley_6371 3 ай бұрын
great lecture sir love from iter soa university bbsr india
@turalsfrov8950
@turalsfrov8950 Жыл бұрын
Thanks for brief explanation. Could you say which book do you refer?
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
You're welcome! I use the text Principles of Economics by Mankiw.
@_foley_6371
@_foley_6371 3 ай бұрын
thank you sir love from iter soa university iter
@Palmer-gs3wz
@Palmer-gs3wz Жыл бұрын
56:10 in a jar? 😅 funny. Good videos btw
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
Ha! Thanks!
@DrivenDaily196
@DrivenDaily196 Жыл бұрын
bro how do you write backawrds like that or am i missing something
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
I wish that I could claim that I have mastered reverse writing with my left hand. However, I'm actually writing with my right hand, and I'm writing correctly from my perspective. The image is simply reversed, so that it looks correct from the camera's perspective.
@robertjohnson9359
@robertjohnson9359 Жыл бұрын
what about the change in the constitution in 1913
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
You'll have to be more specific about what you're asking.
@robertjohnson9359
@robertjohnson9359 Жыл бұрын
who are the investors ?
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
It depends on how you are using that term. Recall that in economics, we use the term 'investment' to refer to what businesses are doing when they buy buildings or equipment in order to produce more output in the future (households also invest when they purchase a new house....we call this residential investment). This is different from how people use the term in everyday language, where it is used to refer to the purchase of a financial asset. If I answer your question as an economist, the investors are the businesses buying buildings or equipment to use to make output. If I answer your question as a noneconomist, the investors would be anyone buying a stock, bond, or other financial investment.
@robertjohnson9359
@robertjohnson9359 Жыл бұрын
seriously where is the money coming from
@DrAzevedoEcon
@DrAzevedoEcon Жыл бұрын
I answer this question starting at the 31 minute mark of the video.
@nareennawroz7521
@nareennawroz7521 2 жыл бұрын
You explain in a way that I don’t care about how much is your vedio ! I just want to listen to you Many thanks🤍
Chapter 30 - Money Growth, and Inflation
1:12:56
DrAzevedoEcon
Рет қаралды 38 М.
Chapter 34: The Influence of Monetary and Fiscal Policy
35:41
DrAzevedoEcon
Рет қаралды 32 М.
I Trapped Myself in a Box with Colored Smoke!
00:50
A4
Рет қаралды 15 МЛН
ЗРЯ Я 24 ЧАСА СТОЯЛ НА ГВОЗДЯХ! #нонале
00:35
How is Money Created? - Everything You Need to Know
29:56
ColdFusion
Рет қаралды 5 МЛН
The Money Multiplier
6:56
Marginal Revolution University
Рет қаралды 464 М.
Chapter 26: Saving, Investment and the Financial System
50:35
DrAzevedoEcon
Рет қаралды 38 М.
Money and Banking: Lecture 1 - Money and the Economy
27:45
Missouri State University
Рет қаралды 221 М.
Finance: The History of Money (combined)
10:59
OpenLearn from The Open University
Рет қаралды 503 М.
How The Economic Machine Works by Ray Dalio
31:00
Principles by Ray Dalio
Рет қаралды 38 МЛН
Macroeconomics- Everything You Need to Know
29:58
Jacob Clifford
Рет қаралды 3,2 МЛН