Money and the Economy
The Money Supply Process
A primer on money
What is it
?
Where do we get the numbers?
What is role of banks and the FED
?
money creation process
What's money's price
? interest rates
A primer on interest rates
Forecasting
interest rates
The Monetary Transmission Mechanism
Transmission mechanism: how monetary policy works
Determinants of success
Interest rates or the money supply?
A monetary rule: should we have one?
Monetary vs fiscal policy