Central Banks and National Currencies - Wild West Banking

This course aims to provide an understanding of Central Banks and their role in national currencies. The goal is to explore the aims of Central Banks, the differences between Fractional Reserve Banking and Loan/Credit creation, and the implications of modern banking practices on financial stability. The course teaches about loan/credit creation, the concepts of "printing money" and "money creation," and the instability generated by these processes. The teaching method involves discussing historical perspectives, modern banking practices, and using analogies like the game of musical chairs to explain complex concepts. The intended audience for this course includes individuals interested in finance, economics, and the functioning of Central Banks in the modern economy.