Tier 3 · AdvancedFree
Central Banking and Monetary Policy
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8 modules~63 min totalVerifiable certificate on completion
Syllabus
01The Taylor RuleMath
10 min02The Fisher Equation: Real vs Nominal RatesMath
11 min03The Money Multiplier and the Quantity TheoryMath
12 min04The Taylor Test
6 min05The Credibility Trap
6 min06What You Say Matters
6 min07The Balance Sheet Bomb
6 min08The Peg Dies at Dawn
6 minFrom Module 1 — read a sample
A formula for what interest rates 'should' be: raise rates when inflation is above target OR when the economy is running hot. It's a recipe, not a law — the Fed can deviate, but when it does, someone has to explain why.
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