Night mode

Monetary Theory - Season 1 Episode 3 Free Banking

Trailer
In lecture three, we examine banks’ role in issuing money under a gold standard, explaining why people prefer banking services to direct gold transactions and what constrains banks without legal limits. We explore fractional-reserve banking as a voluntary system where banks provide payments and interest while lending a portion of deposits. The lecture concludes by showing how market forces—adverse clearings, reserve losses, and the price-specie flow mechanism—naturally limit money creation, allowing competitive banking systems to self-regulate without central bank oversight.

Year:

Genre: ,

Country:

Studio:

Director:

Cast:

Crew:

First Air Date: Mar 03, 2026

Last Air date: Mar 03, 2026

Season: 1 Season

Episode: 8 Episode

Runtime: 26 minutes

IMDb: 0.00/10 by 0.00 users

Popularity: 0.0071

Language: English