If You Don't Understand Bonds, You Don't Understand Money

Everyone watches the stock market — but the bond market is larger, more nuanced, and absolutely crucial to the economy.

00:00 - The Bond Market
00:24 - What is a Bond?
00:56 - Government Borrowing
01:30 - Tax Revenues
02:15 - Who Buys Bonds?
03:05 - Useful Terms
03:33 - Yields
04:25 - Primary and Secondary Market
06:08 - Rolling Over the Debt
06:48 - Effect on the Stock Market

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