Federal Reserve Bank of Philadelphia: The Federal Reserve and You: Role of Fomc

Students learn about the creation of money through this lesson plan provided by the Federal Reserve Bank of Philadelphia.

Posing a central question about how the economy can increase or decrease its money supply (5:00), Sal launches into a discussion about an expanding, or "elastic" money supply that can change along with its economy. Viewers will finally...

With bright, simple diagrams, Sal explains the role of the Federal Reserve as it relates to lending rates between banks. He discusses open market operations and the way the "Fed" connects to Congress and the U.S. Government.

Taking viewers through the process of creating a reserve bank (Federal Reserve), Sal introduces the idea of government involvement in modern banking. Additionally, he explains the obligation of the government to cover the reserves, and...

The Fed sounds enormous and ominous, but really, the Federal Reserve Bank is comprised of 12 reserve banks across the country. A short video introduces young economists to the duties and responsibilities of the Fed, specifically the...

From the First and Second Banks of the United States to the founding of the Federal Reserve, discover how the American nation attempted to reform its financial history throughout the years.

Learn about the Federal Open Market Committee and the nation's monetary policymakers.

How do banks get money from the Federal Reserve? Follow the loan process from the Federal Reserve down to banks and finally to consumers. This is part three of five.

Follow banking through the 1920s. An era that truly went from boom to bust, the stock market lost over 30% of its value. By 1933, the economy was still failing, and Roosevelt needed more money to pay for his large-budgeted plans. How did...

A video explaining what inflation is and causes of it.