How the Federal Reserve Worked: Before the Great Recession

The Federal Reserve has massive influence over the United States and global economy. But how the Fed uses its tools to stimulate or shrink aggregate demand has changed since the Great Recession. We’ll start by covering how it was done prior to 2008.

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[jvb]

Your graphics are getting better! Thank you.

[jaylong]

I have been trying to learn more about the federal reserve and this video is one of the best I have seen. Nicely done

[eremite]

Sometime I feel the 'economy' is some kind of perpetual Ponzi scheme.
We need the endless growth to service the endless debt.
But maybe it's a good thing. It keeps us innovating, progressing...

[awangjeme]

Greatest explanation I've ever seen in YouTube. Thank you.

[jareds]

These videos are extremely helpful! I wish I would have found them before I was halfway through my econ class.

[smallgoblin]

Man always sounds like he's about to challenge me to a game of chance by guessing what glass of wine's been poisoned.

[Mujangga]

If the government couldn't into debt i.e. didn't sell securities, how would it change the money supply and how would banks get cash?

[barttfisher]

The banking situation is a reminder that Fed hikes are having an effect, even if the economy has held up so far, ” It’s precisely at times like these that investors need to be on guard against the next certainty. First SVB, then signature bank and now first republic bank, these are all the signs of yet another 2008 market crash 2.0

[AbdulSidikov]

How does MRU manage to fund and produce such great videos when they barely get any views?

[francn]

Very interesting topics! What application/software do you use to create your videos?

[johnnytrujillo]

So mention of who owns the unFederal Reserve?

[Overthought]

Why/how does selling/buying treasury bills affect the interest rate? That's not clear to me at all.

[DC-wpoj]

The federal reserve gets to charge interest on money it lends without creating the money to pay the interest. Perpetual debt that you can never ever pay off.

[ariela_]

Can anyone help me out, I’m doing research rn on which bank to open a account with but idk what I’m doing, what banks are the best?

[Roar]

the music absolutely kills the video :(

[TheWorldBelow]

Unclear as to whether or not this is indeed a good thing or are ppl simply too amazed as they bow down before the steeple…as if there just wasn’t any other way.

[nguyenphan]

The head of those systems is too smart for residents to resist even the goverment.

[AaronsTalks]

I don't understand the treasuries...

[npSylarpp]

just waiting for some fan of post-keynesian crackpot theories to come babbling through the comments how someone said once in a lecture or posting blog entries on how its all wrong and then feel superior for presuming to have the key to the universe

[mrliamalan]

Is the Federal Reserve sustainable?
1996-2008: GDP ↑45%, Monetary Base ↑46%
2008-2020: GDP ↑32%, Monetary Base ↑600%

Prior to 2008, the Monetary Base and the GDP were 98% correlated reflecting the reciprocal relationship of money and economic expansion.

Can the current rate of monetary expansion without corresponding GDP growth continue without consequence?

*Bloomberg sued The Federal Reserve in 2011 and uncovered a $7.7T secret bank bailout not represented here.