| | | Monetary Policy is the US government’s most powerful economic policy tool. The Fed is currently creating $120 billion a month and pumping it into the financial markets. That explains why stock prices are so high and why interest rates are so low.
Do you understand how Monetary Policy works? Watch these nine Macro Watch videos and you will.
The Money Revolution This video explains why the nature of Money changed and why that matters for the economy and the financial markets. First Quarter 2018
The History Of US Monetary Policy This video explains the past century of US Monetary Policy. First Quarter 2018
28 Days (and $1.8 trillion) Later This video explains the Fed’s policy response to the economic impact of the Coronavirus by analyzing the evolution of the Fed’s balance sheet. Second Quarter 2020
Inflation Over The Last 100 Years This video describes the causes of Inflation in the US over the last 100 years. First Quarter 2018
The Velocity Of Money Is Irrelevant This video explains that the Velocity Of Money no longer impacts the Inflation Rate. Third Quarter 2020
What Are Bank Reserves? Many commentators believed that Quantitative Easing did not work because the QE money appeared to pile up in the banks’ Reserve Accounts at the Fed, rather than being lent. This video explains why that conclusion was wrong. Second Quarter 2019
Bank Reserves Are Irrelevant. QE Works! Many believe that Quantitative Easing simply gets stuck in the banks as Bank Reserves and does nothing to help the economy. This video demonstrates why that idea is incorrect. Fourth Quarter 2020
QE Is Debt Cancellation When a central bank prints money and buys a government bond, it is the same thing as cancelling that bond (so long as the central bank does not sell that bond back to the public). This means the governments have far less debt than is generally understood. It also has very important implications for policy. Governments could spend more to restructure the economy, end the global economic crisis and reverse the decline in the middle class standard of living. First Quarter 2015
Gold Is Not A Sure Bet This video warns that Gold is not a sure bet. If Inflation does not rise significantly, there is a possibility that the price of Gold could correct sharply again. Second Quarter 2020
Macro Watch subscribers can log in and watch these videos now. Clicking on the links above should direct you to the videos. If not, click on the Video Index tab in the menu bar on the Macro Watch homepage and search for the videos by quarter. Click HERE to be directed to the Video Index.
|
| If you have not yet subscribed to Macro Watch and would like to, click on the following link:
|
| For a special 50% subscription discount, hit the Sign Up Now tab and, when prompted, use the coupon code: Understand
|
| You will find more than 50 hours of Macro Watch videos available to watch immediately.
A new video will be added approximately every two weeks.
Please share this blog with your colleagues and friends.
|
| | | | | |
|