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.
Ebooks / Introductory Macroeconomics / Chapter 13 of 24
Lecture 14: Introduction to Central Banking
Financial AnalysisJuly 2, 2012 ยท 1 min read