The Academy

The system behind the headlines, made simple.

What the reports, the Fed and the markets actually mean. We explain why things move markets; what you do with it is your call.

Which one are you?

All 329 terms →

How money works

All 9 chapters →

Follow one paycheck through the whole system: the bank, the loan, the store, the Fed, the markets, and back. Nine short chapters, a few minutes each, in plain words.

Nine chapters, about 37 minutes in all. Maya and Jordan are fictional. Every number in "It really happened" is real and sourced.

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We explain why it moves markets. What you do with it is your call. Commentary and education only. Not financial advice.