In previous lessons, we've learned how expansionary monetary policy and expansionary fiscal policy can be used to mitigate a recession, but they don't have to be used in isolation from each other. Learn what happens when they are used at...

This video is an overview of full reserve banking in comparison to fractional reserve banking. [7:32]

How are nominal real interest rates determined? In the money market! Learn about the money market in this video. [3:59]

Why do people hold wealth in the form of money, rather than in some other interest-earning asset? Learn about the demand for money in this video. [8:15]

Sal Khan explains how you can have deflation even if the money supply increases. [4:03]

One of the biggest worries associated with deflation is a deflationary spiral, in which low unemployment and a decreasing price level lead to lower unemployment and an even lower price level. [3:50]

Comparing quantitative easing in Japan to "credit easing" in the United States. [3:15]