https://gdpark.blog/series/money--banking-i-studied/Recent content in Money & Banking I Studied on gdpark.blogHugoenThu, 02 Jul 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-01-why-study-money-and-banking/Thu, 25 Jun 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-01-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!https://gdpark.blog/posts/money-banking-02-the-money-supply-process/Fri, 26 Jun 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-02-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!!!https://gdpark.blog/posts/money-banking-03-tools-of-monetary-policy/Fri, 26 Jun 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-03-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!https://gdpark.blog/posts/money-banking-04-conducting-monetary-policy-strategy-and-tactics/Fri, 26 Jun 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-04-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!https://gdpark.blog/posts/money-banking-05-foreign-exchange-markets-and-exchange-rates/Sun, 28 Jun 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-05-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.https://gdpark.blog/posts/money-banking-06-the-international-financial-system/Tue, 30 Jun 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-06-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.https://gdpark.blog/posts/money-banking-07-quantity-theory-of-money-inflation-and-money-demand-keynes-a/Tue, 30 Jun 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-07-quantity-theory-of-money-inflation-and-money-demand-keynes-a/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.https://gdpark.blog/posts/money-banking-08-the-is-curve/Wed, 01 Jul 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-08-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!https://gdpark.blog/posts/money-banking-09-the-mp-curve-and-the-ad-curve/Wed, 01 Jul 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-09-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!!https://gdpark.blog/posts/money-banking-10-the-as-curve-aggregate-supply-curve/Wed, 01 Jul 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-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.https://gdpark.blog/posts/money-banking-11-aggregate-supply-and-aggregate-demand/Thu, 02 Jul 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-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!!https://gdpark.blog/posts/money-banking-12-monetary-policy-theory/Thu, 02 Jul 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-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.https://gdpark.blog/posts/money-banking-13-money-and-banking-at-a-glance-series-overview/Thu, 02 Jul 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-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.