Understanding Money & Banking: What is Money?

Why was there a lack of confidence in the money and banking system of the early United States government? What historical events led to the establishment of the Federal Reserve System? Here you'll find reading materials and worksheets to...

Thirty-two study questions provide your economics class with the skills needed to pass a chapter exam. They work through each question to prepare for a test on the Fed and money.

Where does money come from? If your class can't answer this question (beyond "my parents"), this presentation will be a timely and appropriate way to teach them. Details about currency, money supply, and the banking system, help explain...

In the context of a discussion about real wealth versus the representation of wealth (money), Sal explains the multiplier effect and how 1000 pieces of gold can become 2710 pieces of gold. Viewers will appreciate the annotations and...

Continuing from the previous video, Sal reviews the China-US trade relationships and the floating currency scenario that should leave the dollar weaker and the Yuan stronger. He explains the reason the People's Bank of China doesn't want...

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...

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...

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 dual diagrams and workspaces, Sal provides a thorough explanation of target rates and money supply. Your class will appreciate his anecdotal approach to explain how interest rates are set, and how it affects potential "consumers of...

Love is "potentially the most intensely thought about thing in all of human history." We rank, define, and fall into love...but what is it really? Explore the various ways humanity has come to define love, from a set of behaviors or an...