36:02
Money and banking
This program examines government attempts to stabilize the economy, focusing on monetary policy. Concepts explored include fractional reserve banking, the deposits in chartered banks as a major component of the country's money supply, and how charte...
27:51
Interest rates and exchange rates
By combining the supply and demand of money, this program demonstrates how interest rates are determined. The program also examines flexible and fixed exchange rates and looks at how monetary policy works in large and small economies.
26:22
Ditching the Dollar: Is It Time for a Global Currency?
Nobel Prize-winning economist Robert Mundell helped create the euro. But why stop at Europe, he wondered. In the aftermath of 2008’s global financial crisis, why not create a legal tender for the entire world? In this program, Mundell, Nobel Laure...