Monday, March 31, 2008

The Monetary System

To better understand the current credit crisis and the actions of the Fed, I started researching our monetary system. In the process I stumbled upon a website titled "Money: What It Is, How It Works", which provides a series of articles on such topics as Understanding Money, The Banking System, Financial Markets, Government Finance, Policy Issues, and more. I highly recommend this website if you want a better understanding of how our monetary system works.