What's all the Yellen About? Monetary Policy and the Federal Reserve: Crash Course Economics #10
Economy | Information | History | Online | Facts | World | Global | Money
This week on Crash Course Economics, we're talking about monetary policy. The reality of the world is that the United States (and most of the world's economies) are, to varying degrees, Keynesian. When things go wrong, economically, the central bank of the country intervenes to try aand get things back on track. In the United States, the Federal Reserve is the organization that steps in to use monetary policy to steer the economy. When the Fed, as it's called, does step in, there are a few different tacks it can take. The Fed can change interest rates, or it can change the money supply. This is pretty interesting stuff, and it's what we're getting into today. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Comments
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Why is there a figurine of Karl Marx in the background?
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The illuminati runs the Fed?! It all makes sense now!
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I don't understand where the Fed gets money to inject into the private banks in the case of direct purchase and influencing interest rates.
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OMG THE PUN
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Why are you not telling that bank can lend up to 9 times the actual money they have....
Also since countries have a huge debt (US included) which is to... (surprise) BANKS, basically Banks are holding governments by the balls -
preparing myself for the BDT!! "BIG DAMN TEST"or so what my econ teacher calls our final lol
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Kennedy Sucks
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yall talk too fast
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wait you guys didn't bring up at all interest on reserves. You mentioned that in 2008 reserves went up, and that banks did not lend out monye. You said banks want to lend out money because holding reserves doesn't make you money, but it actually does. The fed pays out interest on reserves now, so they actually will pay banks money in order to keep reserves. Some economists say this is why quantitative easing has not led to higher inflation.
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Very helpful and fun but some of the jokes were a little... "Hey fellow kids"-ey. Especially that one about "Who knows how to spell quantitative? Not to sound like a smartass but that's really not a difficult word, you can spell it just by how it sounds.
Try to tone down the obviously cheesey jokes that just scream "we're trying to appeal to kids" and the show would improve imo. -
i have a crush on this woman
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So how does monetary policy effect unemployment and GDP if they increase interest rates?
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Wait... did I just enjoy an economics lecture??????
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that illuminati joke is the best one made in cc history lmfao
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5:20 it is not possible for a hexacopter of that size to carry that much weight
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Milton Friedman is the man !
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I was wondering, what happens if no one buys government backed Treasury bonds
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The New CPI says the inflation rate is 2% if you use the CPI from the 1980s it's 8%.
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THANK YOU!!! made it so easy to understand yay! <3
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Thank you for the video . If you guys can just talk and explain slowly it would be much better
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