This lecture by Prof. Krassimir Petrov talks about economic growth. It starts the discussion about how credit can be increased and then moves on to the topic of growth that happens when consumers and businesses lower their time preferences.
This lecture provides an introduction to capital and production, and the role of savings and interest rates in coordinating current consumption and future consumption.
This lecture continues from the previous lecture and finishes teaching the negative effects of inflation. After that it begins the topic of interest rates, production and capital.
This lecture discusses the various negative effects of inflation on the economy and the society. It discusses evils that the inflation causes.
This lecture discusses the process of credit expansion under central banking. It explain in details whether government deficits are inflationary or not, and also discussed debt monetization. The lecture draws from the book Mystery of Banking.
This lecture continues to discuss central banking and focuses on the determination of total reserves and tools of monetary policy. The lecture draws from the book Mystery of Banking.
This lecture provides an introduction to the central banking. It discusses topics such as legal tender laws, lender of last resort, deposit insurance, money multiplier, and bank reserves. The lecture draws from the book Mystery of Banking.
This lecture discusses the limits to credit expansion, use of money and banks, bank runs, and deposit drains. The lecture draws from the book Mystery of Banking.
This lecture discusses deposit banking, fractional reserve banking, deposit multiplier, creating money out of “thin air”, and the credit crunch.
In the previous lectures we discussed various aspects of money. This lecture shifts focus towards banking and provides an introduction to the topic of commercial banking. It briefly covers loan banking and begins deposit banking.