The problem sets are reminding me it also time for a math refresher.
@abercrombieKID100025 күн бұрын
That part i just skipped LOL
@dhavalsopariwala5517Ай бұрын
How is money a liability for the Central bank balance sheet - can anyone elaborate please?
@samo917Ай бұрын
Would recommend asking chatgpt. been asking questions to chatgpt throughout this lecture series so far, and its very helpful.
@newtonocharimenyenya2458Ай бұрын
Because it's majorly derived from the deposits of the customers. Which the bank is obligated to pay as demand.
@antoniomaria5797Ай бұрын
That's because that money belongs to the commercial banks, as they are required to have a portion of their reserved at the fed
@randomdude73843 ай бұрын
Money does pay an interest rate: the Treasury Bills and the Treasury Notes pay an almost 5% interest rate. That being said, money does have an interest rate. In the US it's the T-Bill rate(s). 12:10
@joshuaaruokhai54013 ай бұрын
What of Time Deposits, which is part of M3 money, and does beat interst
@olovram2 ай бұрын
that would be a bond. Pay atention to the lecture
@SubrotoSarkar-on7hr2 ай бұрын
Broo.... The T-Bill is a short-term bond.... A money market instrument.... It is very liquid but it's an instrument nonetheless.... Not cash.... Cash is a depreciating asset.... There are no returns or interest....
@jamesbuttery3862Ай бұрын
You think you're smarter than an MIT professor? C'mon bud
@randomdude7384Ай бұрын
@@jamesbuttery3862 Quite the contrary; I highly doubt that I'm smarter than the MIT blackboard he writes on. Probably not even than a chalk he uses.
@chuyenpham33363 ай бұрын
Greatttt
@rupalkumari538924 күн бұрын
Raghuram Rajan - RBI
@ankitchakraborty1126Ай бұрын
Day 3 (08-09-2024; Sunday)
@TurielD3 ай бұрын
Oh boy, Bernanke is one of yours? That does not speak well of MITs program.
@naiyumi8882 ай бұрын
u r pretty stupid ,right?
@samo917Ай бұрын
Why?
@Usman-ml4igАй бұрын
Accent is such a put off!
@christianforero.Ай бұрын
Ask for your money back, oh wait it's free!
@DF-hf2hfАй бұрын
Put subtitles on and roll on brother. Usman 🤣 Ironic
@rupalkumari538924 күн бұрын
People don’t get to be MIT professors on accent and it is easy ti follow. Some folks just want to complain about everything and anything. Pollutants of Internet.
@whatsup718422 күн бұрын
@@christianforero. Honestly, I wouldn't pay my tuition $$$ on this prof cuz 1) his accent 2) what he said on this lecture seemingly for 101 the very first class BUT THIS IS 14 class.... so that I am OUT 3) I got 0 prof in such kind funny accent. If I got the question in the science, they just gave me an explicit demonstration/ simple explanation instead of like him beating around the bush without hitting the core ..... So that I got my own right to withdraw this class as what I wanted to to choose a better one in the same frequency and as a student's FREE RIGHT