Series

Money & Banking I Studied

13 posts

  1. #1

    Why Study Money and Banking?

    Casually skimmed then carefully re-read Ch. 1–2 of money & banking — vocab check on stocks, bonds, debt instruments, and short-term money market tools!

    · 7 min read
  2. #2

    The Money Supply Process

    A casual rundown of Chapter 15 — breaking down the Fed's balance sheet, monetary base, reserves, and how open market operations move the money supply!!!

    · 5 min read
  3. #3

    Tools of Monetary Policy

    Breaking down the 4 monetary policy tools the Fed uses to nail its target federal funds rate, and why it all plays out in the reserves market!

    · 13 min read
  4. #4

    Conducting Monetary Policy: Strategy and Tactics

    A breezy rundown of how central banks juggle inflation targeting, the time-inconsistency problem, and a whole laundry list of goals beyond just price stability!

    · 9 min read
  5. #5

    Foreign Exchange Markets and Exchange Rates

    A casual intro to foreign exchange markets — covering why exchange rates matter, spot vs. forward transactions, OTC trading, and how long/short-term rates are determined.

    · 11 min read
  6. #6

    The International Financial System

    We're diving into how central banks intervene in the forex market — buying or selling foreign reserves to move the monetary base, interest rates, and ultimately the exchange rate.

    · 13 min read
  7. #7

    Quantity Theory of Money, Inflation, and Money Demand — Keynes and Liquidity Preference Theory

    From Irving Fisher's velocity of money to Keynes's Liquidity Preference Theory — a casual breakdown of how money supply, interest rates, and GDP all connect.

    · 6 min read
  8. #8

    The IS Curve

    Breaking down the IS curve — which maps the real interest rate to national income in goods-market equilibrium — because you'd better know this one well!

    · 7 min read
  9. #9

    The MP Curve and the AD Curve

    We're diving into the MP curve — how central banks fiddle with nominal rates to steer real interest rates — then combining it with the IS curve to derive the AD curve!!

    · 6 min read
  10. #10

    The AS Curve (Aggregate Supply Curve)

    A casual, student-eye-view breakdown of the AS curve — why output and inflation move together and what short-run vs. long-run aggregate supply actually means.

    · 4 min read
  11. #11

    Aggregate Supply and Aggregate Demand

    We're throwing AD and AS together on one graph, diving into equilibrium, output gaps, and how the self-correcting mechanism handles demand and supply shocks!!

    · 4 min read
  12. #12

    Monetary Policy Theory

    A casual breakdown of the activist vs. nonactivist debate in monetary policy — why deflation is scarier than it sounds, and how central banks chase that ~1–3% inflation sweet spot.

    · 6 min read
  13. #13

    Money and Banking at a Glance: Series Overview

    A visual series overview covering the essentials of money and banking — everything you need to get up to speed fast.

    · 1 min read