The Khmer Rouge didn't believe in money.

Do you know who sponsored this research?

The price of money will go down, that's what the federal funds rate is, it's the target rate, so I'll say Fed Funds Rate, it's the target rate that the Fed sets for the overnight borrowing of reserves between banks, that's the Federal Funds Rate, and it will go down and that's how the Fed tries to set the Federal Funds Rate.

About 1,700,000. It's a Federal Reserve shipment.

So when I talk about the short term interest rate I'm talking about the interest rate on loans that are made over very short periods of time.

And maybe it'll be another 5 or maybe the interest rate can change again.

And it really just kind of gets rid of a little nuisance.

Let's keep reading what the fed is saying.

And that's what the reserve ratios were all based on, based on the bank notes themselves.

The Federal Reserve slashed interest rates.

And then that's led to a decrease in prices.

The Federal Reserve cut its benchmark discount rate to an 18 year low.

Short term, overnight borrowing between banks is already zero.

Now, when I went to look at the figures of the U.S. money supply, the U.S. money supply is the amount of dollars that the Federal Reserve prints every year in order to satisfy the increase in the demand for dollars, which, of course, reflects the growth of the economy.

Maybe people aren't getting mortgage loans still.

please!

And it makes sense all the way up to 5.0001 , I'd actually borrow it.

So it was expansionary.

Hey, the Fed's going to intervene if we don't lend to each other at that rate, the Fed can actually intervene.

Now, fast forward to a situation like we are right now and the Federal Funds Rate is already at zero.

There's the definition as you type.

State

Micronesia, Federated States Of

let's say that they're printing some money right over here, so that's money that they're printing, so this is literally, it would be federal reserve notes being created, so these are notes, which are essentially dollar bills.

And they'll still take a little discount of your collateral.

Prepares me for what?

Micronesia, Federated States of

Federated States of Micronesia

The United Federation of Planets?

Francis.

The Fed is trying to stave off a run on the banks.

And the Fed usually cares about getting that interest rate within a certain zone, around a certain target.

And the height here is proportional to how much money they print, so maybe this is another trillion dollars they're printing.

Well, now in the other direction, we do have a dominant strategy that we didn't have before.

For me.

Federal agents.

She's a federal employee.

All right, everybody.

Marshal?

Marshal!

Marshal.

Marshal...

Kill me? Marshal.

What I want to explore in this video is the different ways of measuring the amount of money we have in circulation.

So they start printing some money. I should do money in green!