The Evolution and Perfection of Monetary Policy - Financial Markets - Robert Shiller - Lecture 16 of 26 - Video-lecture

Video-lecture, Corporate Finance

Description: Central Banks, originally created as bankers' banks, implement monetary policy using their leverage over the supply of money and credit standards. Since the Bank of England was founded in 1694, through the gold standard which lasted until the 1930s, and into modern times, central banks have pursued monetary policy to stabilize the banking system.