‘Money talks’ is a series of mini-videos the Institute of International Monetary Research (IIMR) will start to release every week on the 18th of June, Monday.
The name of the series says it all: experts in money and central banking will be covering key concepts to understand better monetary economics in less than two minutes long videos. Tim Congdon (Chairman of the IIMR) and Geoffrey Wood (IIMR Academic Advisory Council) along with myself and many others to come will be addressing the fundamentals in money and banking to be able to understand how our monetary systems work and which are the roles and functions of modern central banks.
The topics address include the following:
Episode 1: What is Money?
Episode 2: What is the Central Bank?
Episode 3: What is the Monetary Base?
Episode 4: What is the Money Multiplier?
Episode 5: What does Monetary Policy consist of?
Episode 6: What is Central Bank Independence?
Episode 7: The Central Bank as the Lender of Last Resort
Episode 8: Bail outs and Bank Failures
Episode 9: Basel Rules
Episode 10: What os ‘Narrow Banking’?
Episode 11: Fiat Money
Episode 12: What is a monetary policy rule?
Episode 13: What is Monetarism?
Episode 14: Monetary Policy Tasks
But of course, these are just the ones we are starting with. The list will be expanded in the next few weeks and the aim is to produce a library of mini-videos that could be a good reference to search for short definitions on money, banking and central banking.
If you are interested in this project, please subscribe to the IIMR YouTube channel (https://www.youtube.com/playlist?list=PLudZPVEs3S82iu2zb-QZfcK7pqnrHfPgO) to stay tuned.
As ever, comments and feedback most welcome!
Juan Castañeda
the old lady of threadneedle street 