Discuss Economics Blog » Banking

Q. Are there other ways to create money?

Ro Econ — Tue, 06 Dec 2011 16:23:55 +0000

User artp posted this question in the forum and now it's being republished here. As I read (mostly in The Economist) about the current economic crisis the more I become convinced it is partly a breakdown in the way our economy creates money. This leads to the question: Are there other ways to create money? [...]

Q. Are there other ways to create money? is a post from: Discuss Economics Blog

The Voice for Financial Reform in the USA Gets a Boost

Ro Econ — Fri, 05 Mar 2010 04:56:23 +0000

Funny or Die's Presidential Reunion from Will Ferrell The Voice for Financial Reform in the USA Gets a Boost is a post from: Discuss Economics Blog

The Voice for Financial Reform in the USA Gets a Boost is a post from: Discuss Economics Blog

Big Banks Should Fail? Links Collection on the Subject

Ro Econ — Fri, 08 May 2009 12:51:23 +0000

In the free-market enterprise--that which North America is founded on and so cherishes--you're suppose to permit the market to shed uncompetitive and incompetent firms. When push comes to shove, if you under perform or make huge mistakes that not only make you uncompetitive, but threaten your survival, you're permitted to die a slow (or sometimes [...]

Big Banks Should Fail? Links Collection on the Subject is a post from: Discuss Economics Blog

Treasury Bills (T-Bills) and Interest Rates Summary

Ro Econ — Wed, 04 Feb 2009 13:55:58 +0000

Here is some brief notes on the function and descriptions of these financial instruments. Treasury Bills (T-Bills) Government of Canada issues T-Bills in certain lengths: 98,182, 364 days - issued in denominations of $1000.00 - bought at a discount - pay no regular interest (no coupons) *When T-bills go up, interest goes down* Some Keys [...]

Treasury Bills (T-Bills) and Interest Rates Summary is a post from: Discuss Economics Blog

50 Year Low for Canadian Interest Rate

Ro Econ — Tue, 09 Dec 2008 18:14:35 +0000

The Bank of Canada announced today a drop in the interest rate to 1.5% which is the lowest in fifty years to 1.5 per cent this morning. The mark also represents the first time since the global economic slowdown began in September that the central bank has stated Canada is in a recession. However, the [...]

50 Year Low for Canadian Interest Rate is a post from: Discuss Economics Blog

Explaining Clearing Drains and Currency Drains

Ro Econ — Mon, 24 Nov 2008 13:06:01 +0000

Here is a brief explanation on the nature of clearing drains and currency drains. The applications include part of how banks lend and settle account between each other. Put yourself into a context of the major banks and how they move their money between each other and the central bank (the Federal Reserve if you [...]

Explaining Clearing Drains and Currency Drains is a post from: Discuss Economics Blog

Money Creation – Where Does the Money Come From?

Ro Econ — Tue, 21 Oct 2008 20:07:34 +0000

How Banks Create Money continued One of our popular posts located here talks about 'how banks create money'. You should read that link before this one as it is the necessary part 1 of this series on money creation. A lot of people think it's a huge conspiracy that banks would create money out of [...]

Money Creation – Where Does the Money Come From? is a post from: Discuss Economics Blog

Where Do Banks Get Their Money? Fractional Reserve Banking

Ro Econ — Tue, 30 Sep 2008 12:15:43 +0000

Do Banks Create New Money out of Thin Air? **Re-posted after the events of the credit crunch and 700 bailout packages, enjoy the read and learn how the banks got themselves in this mess.** Here's the story. Banks keep on lending money, but where do they get it from? Do they borrow from bigger banks [...]

Where Do Banks Get Their Money? Fractional Reserve Banking is a post from: Discuss Economics Blog

Canadians Enjoy online banking the most (by frequency)

Ro Econ — Thu, 10 Jul 2008 16:21:52 +0000

comScore released a report on the Canadian online banking sector showing that Canada is one of the world's most developed markets for online banking. This doesn't come as a surprise given the level of internet use per capita in the country. In a place where banking fees and cellular fees, etc., are some of the [...]

Canadians Enjoy online banking the most (by frequency) is a post from: Discuss Economics Blog

Coinage Materials Modernization Act of 2007

Ro Econ — Mon, 06 Aug 2007 17:02:56 +0000

Congressman Luis Gutierrez, Chairman of the Subcommittee on Domestic and International Monetary Policy, Trade and Technology, and Financial Services Committee Chairman Barney Frank have introduced H.R. 3330, the "Coinage Materials Modernization Act of 2007." The bill will authorize the Secretary of the Treasury to change the composition of coins issued by the U.S. Mint to [...]

Coinage Materials Modernization Act of 2007 is a post from: Discuss Economics Blog