No, silly, there's nothing wrong with this scenario. The last time Freddie and Fannie were pushed to lend more, it was bad because house prices...
Of course. Who doesn't like education. The problem is that legislation like this causes: a) Unsustainable bubbles in tuition fees and...
http://www.cnn.com/2009/US/06/24/college.loans/index.html?iref=mpstoryview So all of those arts majors who rack up massive school bills will...
Because they lost 18 bankable sick days per year......
http://www.shadowstats.com/article/consumer_price_index Inflation should be at least twice as high as recorded (cpi) over the past 20ish years....
Because in a short period of time, banks and financial institutions were hit by massive amounts of losses on loans and derivative instruments and...
Somewhat. Banks can securitize loans and get them off their balance sheets.
Thank you captain obvious. But increasing M2 / M3 is still inflationary if there isn't a corresponding and proportional increase in...
Government / Fed: "Here are billions of dollars at 0 interest rates, go make some mortgages." Banks: "If you say so... Hey, you over there?"...
Obviously when I say "create money" I am talking about credit. The two are virtually synonomous. Bank creates $10,000, gives to company....
I've been struggling with this question for the past week and I just can't figure it out. I've come to the conclusion that it shouldn't be...
I was thinking of using cc to compare the answers... But it's generally unheard of for a basic problem to use cc unless it's either specified...
How does 19.5 work? And you mean 21.5 and not 25.5 right?
Actually, the US has been the global leader in the majority of technological, medical, legal, financial (the good ones), managerial and democratic...
First of all, most of the manufacturing jobs being lost had inflated wages for the level of complexity of the work due to the power of American...
Hmm.. Does not compute.
See the equation I set up.
This question is flawed... there's no right answer (it's ALMOST 21.6 though)... To solve you just use the equation: 50 x (1 + i)^2 + 50 x (1...
I posted this in the other thread but here it is as well: I've determined that the ability of banks to create credit out of thin air ultimately...
Separate names with a comma.