How to Use This Site

The OLLI Home Page gives general information on the course.

In the top menu find the right class - Part 1 or Part 2. Each of the individual class sessions have pages with more information and resources.

Feel free to read (and comment!) on the Plain-Sense Blog - Go to Plain Sense Home

Contact Information - Doug Gentry

Email: gentryd@sou.edu

Phone: 541-261-8501

Money and Banking

This session is focused on banks and their control and creation of money. We'll include a brief history from early post-colonial days, and up to the early 1900s. Then we'll spend a bit of time on the Federal Reserve and its functions.

Economic Concepts We Will Cover

• Central Banks and Money
• Banking oversight
• Organization and role of the Federal Reserve System

Resources for More Information

• Federal Reserve Bank - Fed 101 Tutorial for Students
• Federal Reserve Bank - Monetary Policy
• "The Creature from Jekyll Island" - G. Edward Griffin - not a big fan of the Fed (to say the least)
• Greenback by Jason Goodwin - Entertaining book on the history of money and the American Dollar