by Belinder | Jun 18, 2022 | business
From first three parts of the Frontline documentary- “Money, Power, and Wall Street.” 1. What are credit default swaps and how did they contribute to the Great Recession? 2. What are mortgage-backed securities (collateralized debt...
by Dan | Mar 8, 2019 | Accounting
Are credit cards or debit cards money? Explain your answer. “When the Fed makes an open market purchase of government securities, the quantity of money will eventually decrease by a fraction of the initial change in the monetary base.” Is the previous...
by Dan | Jul 14, 2018 | Essays
What is it? In Kevin Costner’s 1995 movie “Waterworld” it was dirt and in prison contexts it has been cigarettes. What features must money have. How is it defined and measured in the U.S. ? What is the connection to a banking system with fractional...