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Monetary Policy

This category introduces different types of monetary policy and explains their effects on the economy.

The Federal Reserve System
This article explains what the Federal Reserve is and what function it serves in the economy.

Introduction to Fractional Reserve Banking
This article explains how the commonly-used fractional reserve banking system works.

Nominal Interest Rates and Money Supply and Demand

Quantitative Easing
This article explains what quantitative easing is and what effect is has on the economy.

Monetary Policy Tools of the Federal Reserve

The Money Multiplier
This article introduces the concept of the money multiplier and gives a formula for it.

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