Tag: bank
What is a Central Bank?
Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “a central bank” Every country has a central bank, in the U.S. it is the Federal Reserve, in the UK it is the Bank of England and for Europe it is The European Central Bank. The […]
Continue Reading...La dette grecque, une tragédie européenne (The Greek debt, a European tragedy) [HQ] (multi-sub)
*The Greek debt crisis*The Greek debt crisis made the newspaper headlines from January to July 2015. And for a good reason: it is directly linked to our everyday lives as Europeans. Since May 2010, Greece has applied austerity and reform measures to its economy. In exchange, it has received loans to pay back its public […]
Continue Reading...How to Settle Credit Card Debt with Bank of America (BofA)
[MUSIC] Hi there, Michael Bovee with Consumer Recovery Network. Thanks for tuning in to our YouTube channel DebtBytes. Today I want to talk to you about settling credit card debt specifically with Bank of America. B of A is one of the largest credit card insurance in the country they have been for many years. […]
Continue Reading...What is Statutory Liquidity Ratio (SLR)?
Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Statutory Liquidity Ratio” Statutory Liquidity Ratio is the amount of liquid assets such as precious metals or other approved securities, which a financial institution must maintain as reserves other than the cash. SLR is used to […]
Continue Reading...The Case for $20,000 oz Gold – Debt Collapse – Mike Maloney – Silver & Gold
If you know how the world financial system works you know the game that you’re playing and if you don´t know the game and the rules that we’re playing by you are going to get slaughtered, you are going to get slaughtered. Ever since the Federal Reserve was born, we have been living under a […]
Continue Reading...Why Debt Will Never Stop Growing
We are now a long way from the days when banks existed to look after your pot of gold. There is no pile of money in your bank labelled with your name, only an entry in a database that says you should be given this amount of money when you ask for it. Let’s imagine […]
Continue Reading...Central bank | Wikipedia audio article
A central bank, reserve bank, or monetary authority is an institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base in the state, and […]
Continue Reading...Don’t File Bankruptcy
Don’t File Bankruptcy The # 1 reason home owners file bankruptcy is to prevent or stop a pending foreclosure on their home and they are always surprised to hear me say “Don’t File Bankruptcy.” After all, I am a Philadelphia Bankruptcy Lawyer. It may surprise you to know that there are many steps to stop […]
Continue Reading...Bailout 8: Systemic Risk
I think we’re now ready to tackle the big picture and what has our government officials so worried right now. So what I’ve done is, I’ve just drawn the balance sheets for a bunch of banks. Obviously, this is simplified. And I made all of their balance sheets look the same. All of these banks, […]
Continue Reading...The Fed as Lender of Last Resort
♪ [music] ♪ [Alex] In our earlier videos, we discussed how the Fed uses its control of the money supply to increase or decrease aggregate demand. The Fed, however, has another tool at its command. In a panic, when depositors are running to their bank to withdraw their money, when lenders are refusing to lend, […]
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