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Financial Markets: How Savings Accounts Gain Interest
For most people, the first bank account they will have will likely be a savings account. This traditional account pays...
Where Do Banks Get Their Money? Fractional Reserve Banking
Do Banks Create New Money out of Thin Air? **Re-posted after the events of the credit crunch and 700 bailout...
Explaining Clearing Drains and Currency Drains
Here is a brief explanation on the nature of clearing drains and currency drains. The applications include part of how...
Treasury Bills (T-Bills) and Interest Rates Summary
Here is some brief notes on the function and descriptions of these financial instruments. Treasury Bills (T-Bills) Government of Canada...
Canadian Housing Market Trends – 1.99% Variable Interest Rates Return
The prime interest rate that banks can borrow from the Central Bank still sits at 1%. Mortgage rates are generally...
Money Creation – Where Does the Money Come From?
How Banks Create Money continued One of our popular posts located here talks about ‘how banks create money’. You should...
Q. Are there other ways to create money?
User artp posted this question in the forum and now it’s being republished here. As I read (mostly in The...
The Voice for Financial Reform in the USA Gets a Boost
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