SERIES · 2026
Monetary Theory
In Monetary Theory, a nine-hour course, Dr. Lawrence White explores the debate between market-based and government-controlled monetary systems, combining theory with historical evidence from gold standards to modern fiat currencies. We examine how money can emerge through market forces, the mechanics of fractional-reserve banking, and how central banks influence inflation. The course also addresses banking stability, market failure arguments, and the causes of inflation, including seigniorage. It concludes by evaluating monetary policy rules, inflation targeting, and alternatives like Bitcoin, and asks whether sound money requires commodity backing or if proper institutional design can achieve stability in fiat systems.
NOW PLAYING
Monetary Theory
ABOUT
Story
In Monetary Theory, a nine-hour course, Dr. Lawrence White explores the debate between market-based and government-controlled monetary systems, combining theory with historical evidence from gold standards to modern fiat currencies. We examine how money can emerge through market forces, the mechanics of fractional-reserve banking, and how central banks influence inflation. The course also addresses banking stability, market failure arguments, and the causes of inflation, including seigniorage. It concludes by evaluating monetary policy rules, inflation targeting, and alternatives like Bitcoin, and asks whether sound money requires commodity backing or if proper institutional design can achieve stability in fiat systems.
CAST
Featured cast
Lawrence H. WhiteHostMORE TO EXPLORE
Similar titles
A History of Celtic Britain2011
Academy Reincarnation2023
Chasing Flavor2024
For hundrede år siden2018
Otcové průmyslu2026CINEGOSeksi-Suomen Historia2017
Russia 1985-1999: TraumaZone2022
Pioneers in Aviation2012
The Ideal Exhibition with Hervé Tullet2018
Expedition with Steve Backshall2019CINEGOLe Visiteur de l'histoire2014
RHS Chelsea Flower Show2006