Shows / Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Lucas and Luna examine how central banks shape the economy through money supply and interest rates. Each episode dissects a specific policy move — a rate hike by the Federal Reserve, a quantitative easing program by the ECB, or a reserve requirement change by the People's Bank of China — and traces its impact on inflation, employment, and financial markets. Lucas brings the macroeconomic framework, citing exact data points from recent central bank statements and academic research. Luna pushes…
Episodes
Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest RatesHow Central Banks Set Interest Rates
Lucas and Luna dissect the mechanical reality of how central banks actually set interest rates in a modern banking system. Moving past the textbook IS-LM…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Hidden Cost of Central Bank Balance Sheets
Most listeners know central banks set interest rates, but fewer understand how the size of their balance sheets actually dictates market liquidity. In this…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Manage Liquidity Traps
We drill into the mechanics of quantitative easing and how central banks inject liquidity without triggering hyperinflation. Lucas breaks down the Federal…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Central Bank Balance Sheet Pivot
Most listeners think central banking is just about the interest rate setting. But on October twenty-seventh, two thousand and twenty-six, the real story is…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Target Interest Rates
We dissect the Federal Reserve's modern operating framework, focusing on why the Fed Funds Rate is no longer a scarce resource but a corridor managed by…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Manage Financial Stability
Central banks have evolved from mere inflation fighters to guardians of systemic stability. In this episode, Lucas and Luna explore the controversial but…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Manage Financial Stability
Central banks have evolved from inflation hunters to guardians of financial stability. This episode explores how the Federal Reserve and other major…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Real Cost of Zero Interest on Reserves
In this episode of Fexingo Business, Lucas and Luna unpack the often-overlooked mechanics of how central banks manage their balance sheets when interest rates…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Set the Floor Rate
We explore why central banks no longer fight to control the exact quantity of money, but instead focus on setting a strict floor for interest rates. Using the…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Central Banks Let Inflation Run Hot
In this episode of Fexingo Business, Lucas and Luna explore the deliberate strategy behind modern central bank policy: allowing inflation to run slightly above…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Signal Policy Intent
Central banks don't just set interest rates; they manage market expectations through forward guidance and balance sheet signaling. In this episode, we…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Lose Control Of Money Supply
Episode 218 examines the structural shift in monetary policy where central banks, particularly the Federal Reserve, have moved from controlling interest rates…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How The Federal Reserve Actually Prints Money
Lucas and Luna dissect the mechanics of open market operations and reverse repos. We break down why the Fed’s balance sheet ballooned past eight trillion…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Central Bank Balance Sheet Mystery
Lucas and Luna dissect the paradox of modern monetary policy: why central banks are simultaneously shrinking their balance sheets while global liquidity…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Stress Tests To Control Risk
In this episode of Fexingo Business, Lucas and Luna examine how the Federal Reserve’s annual stress tests have evolved from a post-crisis safety check into the…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Lose Money On Interest
Central banks are record profit-makers, but that model is fracturing. With the Federal Reserve and European Central Bank holding massive balance sheets while…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Lose Money On Interest
On this episode of Monetary Policy Explained, Lucas and Luna unpack the often-overlooked reality that central banks are net payers on their balance sheets…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Forward Guidance To Manage Expectations
Most people think interest rates are set in a vacuum, but central banks spend as much time managing expectations as they do setting the actual numbers. In this…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Actually Print Money
In this episode of Fexingo Business, Lucas and Luna break down the mechanics of quantitative easing. They explore how the Federal Reserve expanded its balance…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Lost Their Grip On Money Supply
In this episode, we explore the structural shift in monetary policy where central banks moved from controlling interest rates to managing balance sheets. Lucas…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Fed Funds Rate And The Cost Of Capital
We drill into the mechanics of the federal funds rate and how it ripples through commercial lending, corporate bonds, and consumer credit. Lucas breaks down…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Central Banks Prefer Zero Interest On Reserves
Most people think central banks raise rates to make borrowing expensive. But the real lever they pulled after the pandemic was something far more subtle…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Use Repo Markets To Steer Rates
We break down the repurchase agreement, or repo market, which acts as the central nervous system for short-term liquidity. Lucas explains why this $6 trillion…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Hidden Cost of Central Bank Policy on Your Wallet
Lucas and Luna dissect how central bank interest rate decisions ripple through the economy, affecting everything from mortgage payments to corporate borrowing…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Actually Move Money Through The System
Most people think central banks print money to lower interest rates, but the real mechanism is far more subtle. In this episode of Monetary Policy Explained…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Central Banks Fear the Shadow Banking System
Central banks have spent decades mastering the traditional banking channel, but today’s liquidity flows through shadow banks—money market funds, securities…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Your Bank Account Grows When Rates Rise
In this episode of Fexingo Business, we dismantle the myth that central banks control the money supply through reserve requirements. Lucas and Luna explore how…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Central Bank Error That Broke Inflation Targeting
For decades, the Federal Reserve and other major central banks operated on a simple premise: control the money supply, and you control inflation. But that…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Hidden Tax of Central Bank Reserves
In this episode, Lucas and Luna dissect the often-overlooked cost of holding excess reserves at the Federal Reserve. With the Fed paying interest on reserves…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Create Money From Thin Air
In this episode, we strip away the mystery of modern monetary policy by examining the mechanics of how central banks actually create money. We focus on the…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Banks Create Money From Thin Air
In this episode, Lucas and Luna dismantle the myth that central banks print all money. Using a simple $100 deposit example at JPMorgan Chase, they explain how…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Central Banks And The Liquidity Trap
In this episode of Monetary Policy Explained with Fexingo, Lucas and Luna tackle a persistent puzzle in modern economics: the liquidity trap. We examine how…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Central Banks Can No Longer Control Money Supply
In this episode, Lucas and Luna dissect the structural shift in modern monetary policy where central banks have lost direct control over the money supply…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Death of the Money Multiplier
We used to teach that banks create money by lending, and central banks control the money supply through reserve requirements. But in September 2026, that…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Lost Control Of The Money Supply
For decades, the Federal Reserve and other major central banks managed the economy by adjusting interest rates to influence how much money flowed through the…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Central Banks and the Price of Waiting
We explore how central banks manage the implicit cost of holding cash versus investing it, focusing on the opportunity cost embedded in interest rate…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Central Banks Are Losing Their Grip On Money Supply
For decades, central banks relied on the federal funds rate as their primary lever to steer the economy. But a quiet shift in how money moves through the…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Real Cost of Central Bank Independence
We explore how central bank independence actually works in practice, using the Federal Reserve’s recent balance sheet decisions as a case study. Lucas and Luna…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Set the Cost of Waiting
We break down the mechanics of the policy rate and why it matters more than you think. Lucas and Luna explore how a single percentage point shift ripples…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Central Banks And The Price of Waiting
Lucas and Luna explore the often-overlooked mechanism of forward guidance and how central banks manage expectations by committing to future rates. Using the…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Central Bank Balance Sheet Reset Explained
On this episode of Fexingo Business, Lucas and Luna unpack the mechanics of quantitative tightening and how central banks shrink their balance sheets without…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Central Bank Balance Sheet Is Your Economic Barometer
We examine how the Federal Reserve's balance sheet has evolved from a crisis-era anomaly into a permanent fixture of monetary policy. With total assets…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Fund Their Own Operations
Most people assume central banks print money to fund government spending, but the reality is far more technical and self-contained. In this episode, Lucas and…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Central Bank Balance Sheet Reset
Lucas and Luna examine how central banks navigate the complex trade-off between shrinking their balance sheets and maintaining market stability. Focusing on…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Silent Tax of Floating Rates
This episode dissects the mechanics of floating-rate debt and how central bank policy ripples through corporate balance sheets. We examine why companies with…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Silent Tax of Floating Rates
We break down how floating-rate debt quietly reshapes corporate balance sheets when interest rates shift. Using the recent experience of a major industrial…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Central Bank Balance Sheet as Economic Barometer
Central banks are not just setting interest rates anymore; they are managing massive balance sheets that function like economic barometers. In this episode…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Central Banks and the Real Estate Balance Sheet
We look at how central banks are quietly adjusting their bond portfolios to support housing markets without breaking inflation targets. Lucas and Luna break…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Watch the Shadow Rate
In this episode, Lucas and Luna explore the concept of the shadow rate and why it matters for monetary policy when interest rates hit zero. With central banks…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Read the Labor Market
Central banks don't just watch inflation headlines; they decode the labor market to set rates. Lucas and Luna break down why the unemployment rate alone…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Price Risk in Real Time
Central banks don't just set interest rates; they price risk every single day through their standing lending facilities. In this episode, we look at how…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Create Money Through Lending
Episode 178 explores the mechanical reality of how central banks actually create money. We move beyond abstract balance sheets to look at the specific…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
The Hidden Cost of Cashless Payments on Central Banks
This episode examines how the shift toward digital payments is quietly altering central bank balance sheets and monetary policy transmission. We look at the…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Manage Inflation Expectations
Central banks don't just react to inflation; they manage what people expect it to be. We explore how the Federal Reserve and other major institutions use…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Manage Currency Volatility
Central banks are often accused of being passive observers when their national currencies swing wildly against the dollar or euro, but Episode 175 reveals the…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Control Inflation With Open Market Operations
We break down the mechanical heartbeat of monetary policy: open market operations. Lucas and Luna trace how central banks buy and sell government securities to…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
How Central Banks Create Money Through Lending
Most people think central banks print physical cash to control the economy, but that is only a tiny fraction of the money supply. In this episode, Lucas and…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Central Banks Care About Your Online Shopping Habits
Central banks are increasingly using real-time payment data to understand the economy as it happens. In this episode, Lucas and Luna explore how transaction…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Central Banks Care About Collateral Frameworks
Central banks don't just set interest rates—they decide what banks can pledge as collateral for emergency loans. In this episode, Lucas and Luna dig into…
- Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Central Banks Care About Bank Runs
When a bank fails, it's not usually bad loans that kill it—it's everyone leaving at once. In this episode, Lucas and Luna unpack the mechanics of a…