Description
The Macrocompass Monetary Mechanics Course | 2.62 GB
Course Overview
The course simplifies the complexities of the monetary system, providing easy-to-follow, step-by-step explanations to help you truly understand how money works. It breaks down fundamental concepts and operations, giving you a comprehensive grasp of monetary mechanics.
Course Curriculum Breakdown:
Lesson 1: “Liquidity”, The First Tier of Money
- Explore the concept of liquidity and its significance.
- Analyze Central Bank balance sheets to understand who creates liquidity, its functioning, and its effects on markets and the broader economy.
Lesson 2: “Real-Economy Money”, The Second Tier of Money
- Delve into the mechanics of real-economy money printing, distinguishing it from other forms of money creation.
- Learn about the entities responsible for printing inflationary money and examine the macroeconomic and market consequences of various forms of inflationary money.
Lesson 3: “Monetary Plumbing”
- Gain clarity on monetary operations such as Reverse Repo, Treasury General Account, and Bank Term Funding Program.
- This lesson offers a deep dive into these operations, demystifying their mechanics to enhance your understanding of how they function and their impact.
Course Recap
- A summary where Alf reviews and reinforces the most critical concepts covered in the course, ensuring a solid grasp of monetary mechanics.
Transform your understanding of monetary operations and economic fundamentals!
Learn more and enroll here: Alf’s Monetary Mechanics Course
