Modern Money Mechanics
Publisher: Federal Reserve 2008
Number of pages: 50
The purpose of this booklet is to describe the basic process of money creation in a 'fractional reserve' banking system. The approach taken illustrates the changes in bank balance sheets that occur when deposits in banks change as a result of monetary action by the Federal Reserve System - the central bank of the United States.
Download or read it online for free here:
by AP Faure - Bookboon
Money market has traditionally been defined as the market for short-term marketable debt instruments, such as commercial paper and treasury bills. It is more than this. It embraces all short-term lending and borrowing, marketable and non-marketable.
by Philipp Bagus - Ludwig von Mises Institute
Professor Bagus explains the background to the idea of European unity and its heritage of sound money. He explains that the Euro is not what the older liberals had hoped for but instead is a politically managed money that is destined for failure.
by Donald D. Hester, James Tobin - John Wiley & Sons
This monograph is institutionally oriented -- authors draw on some theoretical developments and seek to apply them to the particular circumstances of various economic units: households, nonfinancial corporations, banks and life insurance companies.
by Ron Paul - Ludwig von Mises Institute
Ron Paul explains why sound money means a new gold standard. The monograph is written in the clearest possible terms with the goal of explaining the basics of paper money and its effects of inflation, business cycles, and government growth.