00:00    |    
Initial credits
00:24    |    
Introduction
03:05    |    
Money
04:29.5    |    
Misuse of the term "money"
05:12    |    
Role of money
06:33    |    
Inflation
07:19    |    
Money and banking
08:14    |    
Inflation and deflation according to Ludwig von Mises
10:17    |    
Virtuous deflation
11:25    |    
Causes of inflation
12:24    |    
Stable purchasing power of money
13:22    |    
Interest rates
15:13    |    
Monetary policy
19:28.5    |    
Central banking
22:39    |    
Final credits



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Money, Central Banking, and Monetary Policy in the Global Financial Arena

25 de febrero de 2010   | Vistas: 11 |  

In the wake of a worldwide economic crisis, issues such as money, central banking, and monetary policy have become important topics of discussion. Jerry L. Jordan explores these three subjects and shares his thoughts on the definition of money, which has often been misused.  He concurs with the ideas of Ludwig von Mises, who believed that the terms inflation and deflation were very often misunderstood. Jordan explains the advantages of virtuous deflation and also takes a look at interest rates.




Jerry L. Jordan is an economist, president of the Pacific Academy for Advanced Studies and member of the board of…

IDEAS DE LA LIBERTAD

Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín