Programs on Khan Academy are at all times 100% free. Begin practising—and saving your progress—now: https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/banking-and-money/v/libor
London InterBank Supply Fee. Created by Sal Khan.
Watch the following lesson:
https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/federal-reserve/v/fed-open-market-operations?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets
Missed the earlier lesson? Watch right here: https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/banking-and-money/v/frb-commentary-3-big-picture?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets
Finance and capital markets on Khan Academy: All of us use cash and most of us use banks. Regardless of this, the precise working of the banking system is a little bit of a thriller to most (particularly fractional reserve banking). This older tutorial (dangerous handwriting and backbone) begins from a fundamental society seeking to do greater than barter and incrementally builds to a contemporary society with fraction reserve banking. By this course of, you’ll hopefully acquire a deep understanding of how cash and banking works in our fashionable world.
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