Banking and Financial Institutions

If only God would give me some clear sign! Like making a large deposit in my name at a Swiss bank. — Woody Allen

• Money
• Seigniorage - The Profit of Creating Money
• Inflation and the Money Supply
• Financial System
• Financial Instruments
• Financial Markets
• Financial Institutions
• Consumer Price Index (CPI)
• Payment Systems
• Information Asymmetry: Adverse Selection And Moral Hazard
• Financial Intermediation
• Depository Institutions (aka Banks)
• Types of Depository Institutions: Savings Institutions, Commercial Banks, Bank and Financial Holding Companies
• Nondepository Institutions: Insurance Companies, Pension Funds, Securities Firms, Government-Sponsored Enterprises, and Finance Companies
• Bank Balance Sheet: Assets, Liabilities, And Bank Capital
• Bank Profitability
• Bank Risks
• Government Deposit Insurance
• Bank Regulations and Supervision

Central Banking

• Central Banks
• Central Bank Design
• Ron Paul Wants to End the Fed
• Money Supply And The Central Bank's Balance Sheet
• Money Supply and the Money Multiplier
• Central Bank Transactions
• Federal Reserve Monetary Policy Tools: Open Market Operations, Discount Lending, And Reserve Requirements
• European Central Bank Monetary Policy
• Monetary Policy Rules, Interest Rates, and Taylor's Rule
• Money Growth, Money Velocity, and Inflation
• Money Demand and Money Velocity
• Inflation and Employment
• Aggregate Expenditure, Economic Output, Inflation, and Monetary Policy Reactions

Foreign Exchange

• Economics of Foreign Exchange Rates
• Fixed Exchange Rates
• Unsterilized And Sterilized Foreign Exchange Interventions
• Hard Currency Pegs: Currency Boards And Dollarization
• Speculative Currency Attacks

Banking History

A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain. — Mark Twain

• Banking History: Colonial Era
• The First and Second Banks of the United States
• Free Banking and the National Banking Act of 1863
• Financial Panics and Bank Runs Before Deposit Insurance

Topics

• London Interbank Offered Rate (LIBOR)
• LIBOR-OIS Spread
• TED Spread
• Net Capital Requirement (aka Net Capital Rule, Net Capital Ratio)
• Securities Lending — Where Banks Win, But Can't Lose
• Commercial Paper Funding Facility (CPFF)
• Office of Thrift Supervision (OTS)