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Introduction to a “money view” of economic activity for modern times, building on the intellectual traditions of British central banking and American institutionalism. Part One explores the economics of payment systems and money markets. Part Two explores connections with foreign exchange and capital markets. NOTE: The first week of Part Two reviews Part One, so you can take Part Two even if you missed Part One.
13: Chartalism, Metallism and Key Currencies
14: Money and the State: International
15: Banks and Global Liquidity
16: Foreign Exchange
Banking as Advance Clearing
17: Direct and Indirect Finance
18: Forwards and Futures
19: Interest Rate Swaps
20: Credit Derivatives
Banking and the Real World
21: Shadow Banking, Central Banking, and Global Finance
22: Touching the Elephant: Three Views
- Perry Mehrling - Economics, Barnard College
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