The MacroCompass – Monetary Mechanics Course

Fiscal deficits, QE, QT, Treasury General Account, Reverse Repo: mastering monetary mechanics will be a crucial skill for macro investors over the next decade!

Alf’s Monetary Mechanics Course unpacks the entire monetary plumbing universe in easy to follow, step-by-step explanations so that you can get a real understanding of how money really works!

What You’ll Learn In Monetary Mechanics Course

Lesson 1: ”Liquidity”, The First Tier of Money

You must have heard the word ”liquidity” thousands of time: but what is it?

In these two lessons we analyse Central Bank balance sheets, define liquidity, who prints it, how does it work, and its impact on markets and the economy!

Lesson 2: ”Real-Economy Money”, The Second Tier of Money

Money printing generates inflation, right? Yes – but who prints inflationary, real-economy money?

Lesson 2 will walk you through the process of real-economy money printing: who prints it, how, and what are the macro consequences and market impact of different forms of inflationary money printing.

Lesson 3: “Monetary Plumbing”

You know all these monetary plumbing operations you often hear about without never fully understanding their mechanics? Reverse Repo, Treasury General Account, Bank Term Funding Program?

This ends today with lesson 3, where we proceed with a deep dive into all monetary plumbing operations so that you never have to scratch your head again when you hear them.

Course Recap

A quick recap where Alf summarizes the most important concepts you learnt in the TMC Monetary Mechanics Course.

Sale Page: The MacroCompass – Monetary Mechanics Course

When will I receive my course?

You will receive a link to download your course immediately or within 1 to 21 days. It depends on the product you buy, so please read the short description of the product carefully before making a purchase.

How is my course delivered?

We share courses through Google Drive, so once your order is complete, you'll receive an invitation to view the course in your email.

To avoid any delay in delivery, please provide a Google mail and enter your email address correctly in the Checkout Page.

In case you submit a wrong email address, please contact us to resend the course to the correct email.

How do I check status of my order?

Please log in to MMOCourse account then go to Order Page. You will find all your orders includes number, date, status and total price.

If the status is Processing: Your course is being uploaded. Please be patient and wait for us to complete your order. If your order has multiple courses and one of them has not been updated with the download link, the status of the order is also Processing.

If the status is Completed: Your course is ready for immediate download. Click "VIEW" to view details and download the course.

Where can I find my course?

Once your order is complete, a link to download the course will automatically be sent to your email.

You can also get the download link by logging into your mmocourse.hk account then going to Downloads Page.