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Delve into the core of the U.S. monetary system with our latest video. Join us as we unravel the intricacies of banking's role, including understanding the distinctions between M1 and M2 money supply and their measurement. Explore how banks function as intermediaries between savers and borrowers, and gain insights into the structures and vital functions of the Federal Reserve. Additionally, discover the mechanisms through which the Federal Reserve System executes monetary policy, shaping the economic landscape.