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The Fed's Tools For Monetary Control | Macroeconomics

Let's learn about a specific aspect of the monetary system in this video: the Fed's tools for monetary control. We'll first define money and the monetary system (including the compounds M1 and M2), then we'll learn about the role of the Fed in controlling the banking system and regulating the money supply. Specifically, we'll learn about three kinds of monetary policies they have: open market operations, the regulation of reserve requirements for banks, and the discount rate. Get more homework help from Chegg at https://che.gg/3HbtG8Y Watch the whole Macroeconomics playlist:    • Macroeconomics   About Chegg: Chegg is a leading education technology company that provides students with affordable and accessible study resources. Chegg's mission is to help students save time, save money and get smarter. Subscribe:    / @chegg   TikTok:   / chegg   Instagram:   / chegg   Twitter:   / chegg   00:00 Intro 00:45 Money and its characteristics 04:15 The monetary system in the U.S. 04:47 Central banks and the Fed 08:03 The Fed's tools of monetary control