A great YouTube series on how modern money/banking works

Economics of Money and Banking by Institute for New Economic Thinking.

The total duration of the playlist is 12 hours or so but broken into short 5-10 minute videos that are easily digestible while you eat or something. FWIW, I haven’t made it all the way through yet (I’m on part 45/101). This series is the first resource that I have found that was able to explain the purpose and logistics of the repo market to me in a way that makes sense, among a lot of other things.

Anyway, it’s not directly applicable to investing but it does help you understand the groundwork for booms and bust as they relate to central and private bank activities.

Enjoy!

 

h/t mdcd4u2c

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