Many people have difficulty understanding things having to do with our economy and our money.  Most people’s eyes glaze over when they hear things like:

  • Monetary Policy
  • QE
  • Buying Bonds
  • Bond Issuance
  • Taxes
  • The Treasury
  • Fractional Reserve Banking
  • Interest Rates
  • The Money Supply; Etc.

Terms like these seem so maddeningly unclear and mysterious that most people just give up, if they try to understand what’s going on at all.  And though monetary policy is a challenging subject, it is not cosmological physics.

If only someone were to explain things in an understandable, straightforward way.

Well you’re in luck.

The below video does an excellent job of explaining the bulk of the American monetary policy in simple terms. The graphics and language used are clear and easily understood and jargon is kept to a minimum.  Invest the half an hour to watch this video, you’ll be glad you did.