Money Foundations
Build a solid foundation in monetary systems. Learn what money is, how fiat currency works, central banking, inflation, and how banks create money.
🎯What You'll Learn
- ✓What is money and its historical evolution
- ✓How fiat currency systems function
- ✓The role of central banks and monetary policy
- ✓Inflation, deflation, and interest rates
- ✓Fractional reserve banking and money creation
💪Skills You'll Gain
🏆Learning Outcomes
📖Interactive Modules (10)
What is Money?
Explore the fundamental properties of money: medium of exchange, store of value, and unit of account.
History of Money
Journey through monetary evolution from barter systems to commodity money to modern fiat currencies.
Fiat Currency System
Understand how fiat money works, government backing, and the role of legal tender in modern economies.
Central Banks & Monetary Policy
Learn how central banks control money supply, set interest rates, and implement monetary policy.
Inflation & Deflation
Master the causes and effects of inflation and deflation on purchasing power and economic stability.
Interest Rates Explained
Discover how interest rates influence borrowing, saving, investment, and overall economic activity.
Money Supply (M0, M1, M2)
Understand M0, M1, M2, M3 money supply measures and their implications for the economy.
Fractional Reserve Banking
Learn how fractional reserve banking allows banks to create money through lending.
How Banks Create Money
Explore the money multiplier effect and how banks expand the money supply through credit.
Currency Exchange Rates
Master foreign exchange markets, exchange rates, and how currency values are determined.