Money & Banking


Money acts as a medium of indirect exchange. Banking represents the process through which most economies conduct most money transactions.

Money and banking combine as a subject too important to not understand.

Money plays an extremely important role in the operation of any economy. Banking provides the infrastructure and tools for the storing, transfer, and (regrettably) the creation of money. Yet, so few people understand the topics that make up the subject money and banking.

In this section we will examine some of the more complex elements in the topics of money and banking.

Monetary System

Certain principles and theories apply to the monetary system, regardless of the banking system or banking regulation. I am in the process of drafting the content for this section

Creation of Money

You cannot fully understand the topic of Money and Banking without understanding how money gets created.

Fed Funds Explained

In spite of the number of references made to the Fed funds market, I believe most people don't fully understand how it operates.

Inflation - Deflation

Changes in the supply of money creates one of the most disruptive influences in market activity. Learn about artificial changes in the money supply and its effect on the economy.

Bank Limitations & Losses

A lot of misconceptions exist about the regulations that control the behavior of Federal Reserve member banks.

Money Matters

The importance of money cannot be overstated. To not understand money and its role in the economy, amounts to not understanding the economy at all.

Money Mysteries

People tend to shroud the topic of money in a cloak of mystery. This presentation unravels some of those mysteries.

Monetary Data

Useful data related to the money supply.

Perpetual Growth of Money

Numerous arguments exist for the perpetual growth of the money supply. I will address some of the various fallacious ideas about money growth.

Many Myths about Money

A collection of the many myths about money.