Khan Academy
Currency Effect on Trade Review
Sal reviews the hypothetical global trade scenario from the last video in detail for about the first six minutes, changing a few numbers to make for a cleaner example. He continues the scenario to demonstrate how the natural ups and...
Khan Academy
FRB Commentary 3: Big Picture
Summarizing his thoughts on creating the last few videos on the weaknesses of the fractional reserve, Sal goes on to explain why he believes the nature of this system is "disingenuous. " This leads to a discussion that contextualizes the...