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Episode 65: Money, Inflation, and Interest Rates

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Manage episode 210470044 series 2360076
Content provided by James Fodor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by James Fodor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

An introduction to the concept of money, including its uses, purpose, and a brief account of its history. I discuss the notion of money as a medium of exchange, a unit of account, and a store of value, and some of the properties that make particular goods useful as money. I also discuss various measures of the money supply, and briefly outline the difference between the monetary base and money created through the fractional reserve system. I discuss inflation, including its definition, causes, and effects on the economy, before concluding with a brief look at interest rates and exchange rates.

  continue reading

166 episodes

Artwork
iconShare
 
Manage episode 210470044 series 2360076
Content provided by James Fodor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by James Fodor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

An introduction to the concept of money, including its uses, purpose, and a brief account of its history. I discuss the notion of money as a medium of exchange, a unit of account, and a store of value, and some of the properties that make particular goods useful as money. I also discuss various measures of the money supply, and briefly outline the difference between the monetary base and money created through the fractional reserve system. I discuss inflation, including its definition, causes, and effects on the economy, before concluding with a brief look at interest rates and exchange rates.

  continue reading

166 episodes

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