Banking on a Good Turn

What are the advantages and disadvantages of using a credit card versus a debit card? What are the costs of using a debit card irresponsibly? Here you'll find a lesson on key concepts that every learner should know regarding personal...

As an introduction to the institution and function of banks in society, this video walks viewers through the concept of banking with colorful annotations and simplified narration. The lecture evolves naturally into a discussion about...

Using his example of a growing village bank, Sal (the narrator) explains the ins and outs of the banking business, mostly from the perspective of the banker. This point of view can be helpful for people who see the bank as an institution...

With just 1000 pieces of fictional gold, Sal takes viewers through the process of fractional reserve banking. He explains how deposits made into a bank can be both assets and liabilities, and the role of having reserves. Additionally, he...

The first several minutes of this clip are a review of the hypothetical China-U.S. trade scenario Sal mapped out in previous videos. Then, he begins to further outline how the Yuan can resist appreciation because of interference by the...

In order to prove the points about the Chinese-US trade imbalance Sal made in previous videos, he presents documentation from the Chinese Central Bank that shows the M1 money supply on a monthly basis. He compares the total Yuan supply...

Going deeper into the concept of the Federal Funds Rate, this video guides viewers through the process of inter-bank lending, much like the previous video (Banking 14). Sal's easygoing approach is simple to understand and fun to watch.

For about the first six minutes Sal reviews the hypothetical global trade scenario from the last video in detail, changing a few numbers to make for a cleaner example. He continues the scenario to demonstrate how the natural ups and...

Are interest rates a good or bad thing? Explain to your young economists why the answer depends on such factors as who is buying and lending and what is the inflationary rate, and how this all ties into banking practices and general...

What does the Federal Reserve actually do? Explore the three main responsibilities of the Fed—setting monetary policy, regulating and supervising banks, and acting as a bank for the federal government—with a short and engaging video.