Understanding the broader economic environment helps investors make better decisions. This category explains how the financial system, monetary policy, and macroeconomic trends impact investing.
You’ll learn about the Federal Reserve, interest rates, inflation, and how money flows through the global economy.
This section connects macro concepts directly to investment outcomes.
In part 1 of this blog series, I referenced the famous bank run scene in the movie It’s a Wonderful Life. In the scene, a mob of depositors gather around the Bailey Building and Loan and demand withdrawal of their deposits. George Bailey, the film’s protagonist, attempts to calm the crowd by telling them, “….
Money and Banking Part 4: Fractional Reserve Banking and Money Creation Read More »
In this post, we provide a brief overview of the history of the U.S. monetary system and track its evolution towards our current monetary system. Money in the Colonies In colonial times, currency was in short supply. Since Britain did not allow the colonies to mint their own currencies, the colonists circulated a variety of
Money and Banking Part 3: The Evolution of the U.S. Monetary System Read More »
In part 1 of this series, I discussed the bank run scene in the movie It’s a Wonderful Life. In the scene, the depositors at the local building and loan lined up to withdraw their money from the institution. The protagonist, George Bailey, then uses his and his wife’s honeymoon money to pay out claims
Money and Banking Part 2: Defining Money Read More »
In 2018, I put together a small booklet titled An Introduction to Money and Banking which I gave out to friends, potential clients, and anyone who I thought would be interested. One goal of mine was to provide readers with a better understanding of the U.S. central bank, The Federal Reserve, particularly in the aftermath
Money and Banking Part 1: Introduction Read More »
