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.

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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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