Chapter 29 - The Monetary System

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  • Опубликовано: 7 янв 2025

Комментарии • 81

  • @MulaifaMukwevho
    @MulaifaMukwevho Год назад +15

    your videos made me score a distinction in semester 1. Keep up the good work

  • @huonglynguyen6255
    @huonglynguyen6255 3 года назад +22

    Just get addicted to many of your lectures! Please continuing teaching like this as I deeply appreciate!

    • @DrAzevedoEcon
      @DrAzevedoEcon  3 года назад +1

      Ha! I'm glad the videos are helping!

  • @topg_57
    @topg_57 3 года назад +27

    Thank you professor. Your lectures were quite engaging. I scored decent in my university test by watching your lectures a night before.

  • @JohnSmith-wy6mh
    @JohnSmith-wy6mh 3 года назад +6

    I'm a Chinese student, it's hard for me to look for the English lessons of principles of economics. Really thank you for your lessons.

    • @GSU_Panther_Nation
      @GSU_Panther_Nation Год назад

      Well, if you are a Chinese student, then you could easily have searched up economics with the Chinese characters, and is just as great as this one, if not better

  • @baratarohankumar1735
    @baratarohankumar1735 Год назад +3

    sir your teaching style is fantastic ......the way you teach the concepts get printed in the mind

    • @DrAzevedoEcon
      @DrAzevedoEcon  Год назад

      Thanks! I've been teaching for a long time. Happy to help!

  • @azizatay3714
    @azizatay3714 Год назад +1

    The things you said about effects of the cahnges in discount rate and what you write about it are different, and I think the things on the board are the accurate ones. But thank you a lot for these lectures. The lectures are amazing.

    • @DrAzevedoEcon
      @DrAzevedoEcon  Год назад +1

      Hmmm....I didn't find a mistake in the video, but I know there there are certainly times when I say one thing and write another. My students will usually point it out if we're in a face-to-face class. Glad you like the videos!

  • @StudyLine-i7r
    @StudyLine-i7r Год назад +1

    Спасибо большое!!!!!
    полезно тем, кто в последний день готовится к экзамену

  • @mod6411
    @mod6411 Месяц назад

    You never fail to save me in last min studying ❤

  • @timothydaniels2080
    @timothydaniels2080 2 года назад +2

    How is this guy so good at writing backwards

  • @bagusdwi6215
    @bagusdwi6215 3 месяца назад

    U're great educator. Respect sir

  • @IndrishYadav-yf2wu
    @IndrishYadav-yf2wu 4 месяца назад

    Thanks sir , your video is knowledgeable and informative in my govt exam

  • @SerenaZhao-rw7ow
    @SerenaZhao-rw7ow 2 года назад

    Quote what I learnt from this series, your lessons is truly positive externality! Many thanks💐

  • @chhayankmulchandani4812
    @chhayankmulchandani4812 3 года назад +1

    Really helpful lecture sir, respect from India.

  • @SamTuyishime
    @SamTuyishime 4 месяца назад

    Thank you sir you really make principle of economics attractive

  • @QueenV90z
    @QueenV90z 2 года назад

    Thanks for the video. I am preparing for a quiz and the final exam later in the semester.

    • @DrAzevedoEcon
      @DrAzevedoEcon  2 года назад +1

      You're welcome. Good luck on the quizzes and exam!

    • @QueenV90z
      @QueenV90z 2 года назад

      @@DrAzevedoEcon thank you! 😊

  • @sowhatbtsaremyidols
    @sowhatbtsaremyidols 2 года назад

    Best teacher ever !

  • @ProChartist
    @ProChartist 5 месяцев назад

    Wow, great video and teaching. Thank you!

  • @charliejennifer3874
    @charliejennifer3874 3 года назад +1

    From May 2020 on, M1 comprises currency, demand deposits, and other liquid deposits. Since Savings accounts are now more liquid, they are no longer part of M2 but part of M1.

    • @DrAzevedoEcon
      @DrAzevedoEcon  3 года назад +1

      Good point. I'll need to record a new video very soon because the tools of the Fed have changed as well.

  • @gabrielfernandes2880
    @gabrielfernandes2880 Год назад

    great class! watching from brazil!!

  • @ankitYadav_4391
    @ankitYadav_4391 Год назад

    Thank you professor for the amazing videos

  • @aisharizqimahirani3255
    @aisharizqimahirani3255 4 года назад

    Really helped my mid exam !! Thank you sir

  • @GvantsaKvelashvili
    @GvantsaKvelashvili 8 месяцев назад

    Very useful lectures thank you!

  • @nganduongnguyenthanh2971
    @nganduongnguyenthanh2971 3 года назад

    Thank you so much, this really helps me.

  • @bbc-monster
    @bbc-monster Год назад

    Thank you for the helpful video

  • @charliejennifer3874
    @charliejennifer3874 3 года назад +1

    Love your new lectures! Very cool system of looking at audience while writing… are you writing backwards so we can see everything properly?If I may make a suggestion, can you write a little larger, most of my students (and me) watch your videos on phones. You have a kind voice and I love that you speak slow enough for students to process the information you are teaching.

    • @DrAzevedoEcon
      @DrAzevedoEcon  3 года назад

      Thanks for the kind words! Not writing backwards...the video is just flipped so that it looks that way. I'll try to write larger in the future. I have a habit of trying to fit a lot of information in a small space so that I don't have to erase as much. That's not conducive to watching on a phone.

  • @rayonnefrett6622
    @rayonnefrett6622 4 года назад

    Great study material!

  • @danielk.5890
    @danielk.5890 Год назад

    Not sure if I got that right. Even though the transfer of money from bank A to B doesn’t create new money, the expenditure of the credit does as it leads to a new account and new credits loaned. The example of the buried money might be misleading in that respect as this example is completely negligible. Furthermore, I think that the reserve rate can’t be equated with currency as it wasn’t currency in the first place. It is basically just a digital number. I bet that if 5% of all Americans tomorrow would only withdraw 5% of all deposits that the financial institutions wouldn’t stand a chance in hell to pay it in cash. It is in my humble opinion but a token to comfort the public.
    Thank you for your work.

  • @deepikaanand8088
    @deepikaanand8088 Год назад

    can you suggest some more economic interviews or podcast or books . also your videos are very helpful and engaging.

    • @DrAzevedoEcon
      @DrAzevedoEcon  Год назад +1

      If you haven't read the Freakonomics books, I highly recommend them. I also recommend the book Reinventing the Bazaar by John McMillan....one of my favorite books.

  • @_foley_6371
    @_foley_6371 11 месяцев назад

    great lecture sir love from iter soa university bbsr india

  • @Beecroftj
    @Beecroftj 2 года назад +1

    Amazing how he can do mirror writing!!!

  • @matildalynenskjold6588
    @matildalynenskjold6588 Год назад

    Hey can you help me out with this?
    Which of the following statements regarding the capital requirement is true? Check all that apply.
    It specifies a minimum leverage ratio for all banks.
    The higher the percentage of assets a bank holds as loans, the higher the capital requirement.
    Its intended goal is to protect the interests of those who hold equity in the bank.

  • @meetpatel8446
    @meetpatel8446 3 года назад

    Great work... Please upload the lectures of remaining chapters also🙏

  • @hahoangngan5274
    @hahoangngan5274 Год назад

    Thank you so much!

  • @yolandaafricander
    @yolandaafricander 2 года назад

    This is great thank you

  • @Palmer-gs3wz
    @Palmer-gs3wz 2 года назад

    56:10 in a jar? 😅 funny. Good videos btw

  • @VivianWXA
    @VivianWXA Год назад

    I have a question, can you explain how to calculate leverage ratio? Thank you!

  • @randomdude7384
    @randomdude7384 9 месяцев назад

    Do I have to start watching these in the numerical order - from the very first one onward - or can I watch them at random?
    I've no knowledge about economics whatsoever; it's just certain videos interest me more than others.
    My only concern is that I don't understand this or a few previous ones, without having watched all the videos you posted in the beginning of the course.

  • @kimeonemcleod1576
    @kimeonemcleod1576 Год назад

    Thank you 🙏🏾

  • @josec.6504
    @josec.6504 7 месяцев назад

    When we hear in the news about the fed raising or lowering the interest rate, are they talking about the discount rate?

    • @DrAzevedoEcon
      @DrAzevedoEcon  7 месяцев назад +2

      Here's a great website with more information on the rates that the Fed adjusts.
      www.stlouisfed.org/in-plain-english/the-fed-implements-monetary-policy#:~:text=Because%20the%20interest%20on%20reserve,adjust%20the%20federal%20funds%20rate.

  • @prblakeslee
    @prblakeslee 5 месяцев назад

    Thank you.

  • @turalsfrov8950
    @turalsfrov8950 Год назад

    Thanks for brief explanation. Could you say which book do you refer?

    • @DrAzevedoEcon
      @DrAzevedoEcon  Год назад

      You're welcome! I use the text Principles of Economics by Mankiw.

  • @shaikhtabrez6535
    @shaikhtabrez6535 Год назад

    Thank u professor

  • @KamelKhelfi-m2f
    @KamelKhelfi-m2f 6 месяцев назад

    Wow I like this

  • @_foley_6371
    @_foley_6371 11 месяцев назад

    thank you sir love from iter soa university iter

  • @DrivenDaily196
    @DrivenDaily196 2 года назад

    bro how do you write backawrds like that or am i missing something

    • @DrAzevedoEcon
      @DrAzevedoEcon  2 года назад

      I wish that I could claim that I have mastered reverse writing with my left hand. However, I'm actually writing with my right hand, and I'm writing correctly from my perspective. The image is simply reversed, so that it looks correct from the camera's perspective.

  • @robertjohnson9359
    @robertjohnson9359 Год назад

    what about the change in the constitution in 1913

    • @DrAzevedoEcon
      @DrAzevedoEcon  Год назад

      You'll have to be more specific about what you're asking.

  • @poetry4582
    @poetry4582 2 года назад

    perfect

  • @nemurerumaboroshi
    @nemurerumaboroshi 27 дней назад

    No, we did not burn rubles for heat.

  • @robertjohnson9359
    @robertjohnson9359 Год назад

    who are the investors ?

    • @DrAzevedoEcon
      @DrAzevedoEcon  Год назад

      It depends on how you are using that term. Recall that in economics, we use the term 'investment' to refer to what businesses are doing when they buy buildings or equipment in order to produce more output in the future (households also invest when they purchase a new house....we call this residential investment). This is different from how people use the term in everyday language, where it is used to refer to the purchase of a financial asset. If I answer your question as an economist, the investors are the businesses buying buildings or equipment to use to make output. If I answer your question as a noneconomist, the investors would be anyone buying a stock, bond, or other financial investment.

  • @midnightbeauty-bx7su
    @midnightbeauty-bx7su 6 месяцев назад

    How would he have that information? He said and I quote the typical money now used in prison is Ramen Noodles so if you have Ramen Noodles you can buy goods and services as commodity money was that pre or post covid when toilet paper did not pan so well? I'll refrain from disrupting class with sarcastic comments. FAQ check?

    • @DrAzevedoEcon
      @DrAzevedoEcon  6 месяцев назад

      cashessentials.org/is-instant-ramen-a-new-prison-currency/#:~:text=However%2C%20instant%20noodles%20have%20become,%2C%20toothpaste%2C%20and%20cleaning%20services.

  • @robertjohnson9359
    @robertjohnson9359 Год назад

    seriously where is the money coming from

    • @DrAzevedoEcon
      @DrAzevedoEcon  Год назад

      I answer this question starting at the 31 minute mark of the video.

  • @nareennawroz7521
    @nareennawroz7521 3 года назад

    You explain in a way that I don’t care about how much is your vedio ! I just want to listen to you
    Many thanks🤍