Table of Contents
PPT Slide
Four Players in the Ms Process
Multiple Deposit Creation Process
Overview of the next set of lectures
Basic overview of the Fed
Questions we will answer
Questions we will answer (cont.)
Money Creation Process
Fed Balance Sheet (simplified)
How does the Fed change reserves?
Balance sheet of a commercial bank (simplified)
Open Market Operations
Discount Loans
How does an increase in reserves create deposits?
Deposit Creation Process (cont.)
Multiple Deposit Creation
Formula for multiple deposit creation
The multiple deposit creation story
Extensions to the model
Deposit Creation: Single Bank
Deposit Creation: Banking System
Deposit Creation
Deposit Multiplier
Deposit Multiplier
Banking System As a Whole
PPT Slide
PPT Slide
PPT Slide
PPT Slide
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