Economics 311:  Money

Link to slides

Related Notes:

• Forward Guidance

Federal Reserve Bank of Cleveland had awesome data

• • Fed's Assets - Oh no!  They've changed the link!   I've got to hunt this down.

• Other good stuff

For interest:  

• • Historical hyperinflations - Tim Taylor, February 2, 2019

  • The Trajectory of the Venezuelan Hyperinflation Looks Familiar....,  VisualCapitalist.com, June 15, 2016

  • Critique of the Taylor Rule approach - Danielle Kurtzleben, Vox.com, February 26, 2015

  • Bernanke and Reinhart, "Conducting Monetary Policy at Very Low Short-Term Interest Rates (May 2004)

  • Ban the $100 bill!  (Slate, December 9, 2010)

  • "$100 bills are becoming one of America's leading exports", (Washington Post, April 9, 2013, Bradford Plummer)

• A new form of money, the Bitcoin!  (Slate, May 18, 2011)

  • What if we went back to the gold standard?  (Slate, November 9, 2010)

  • Ponzi Schemes:  How Bernie Maddoff made off with some many people's life savings

  • Money is a bank for criminals, like Illinois Secretary of State Paul Powell and Chicago Mayor William Hale Thompson (New York Times, August 1, 2010)

For amusement:

• Scooby doo!

  • Fed Chair Janet Yellen is doing fine financially.  Wall Street Journal, March 3, 2015

    • Yellen is also an amazing forecaster.  Wall Street Journal, March 4, 2015

  • Humor at Federal Reserve Open Market Committee Meetings, Wall Street Journal, March 4, 2015 

• Hitler finds out about negative interest rates

  • Hitler wasn't so happy with the outcome of the 2010 Outback Bowl either