Tom Spencer
JANUARY 12, 2024
In recent years, the news has been filled with stories about the impending collapses of the banking system. In this article, we will explore a brief history of central banking in America, the Fed’s dual mandate, and the internal structures that determine its functioning. to charter its first central bank. banking system.
Tom Spencer
NOVEMBER 17, 2018
Many an economics and finance course later, I see that the layers of complexities to the 2008 financial crisis are innumerable. This is because the initial trigger for the crisis was reliance by major banks, particularly those in the United States, on mortgage backed securities as collateral. It all seemed so clear.
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MishTalk
AUGUST 9, 2013
The question on my mind today is "When will the Spanish banking system collapse?" The Spanish banking system passed a so-called "stress test" in 2012, but sovereign government bonds are are not included in the evaluation. It was Cypriot exposure to Greek bonds that collapsed the Cypriot banking system.
CaseInterview.com
APRIL 1, 2020
For context, I asked this exact same question in October 2008 at the start of the Great Recession. In the case of the Great Depression, Black Monday 1987, and the Great Recession of 2008, the assets in question were stock market prices. It’s something known as “systemic risk.” This is known as a “run on the bank.”.
Tom Spencer
OCTOBER 17, 2020
Digital currency may also help to lower transaction costs, and make it easier for central banks to intervene in the economy. While it is not explicitly used in the monetary system, it is widely held by central banks, and is easily convertible into cash. Central banks will have the ability to print too much of them.
Tom Spencer
OCTOBER 10, 2020
Since the advent of Bitcoin in 2008, digital currency has been a growing trend and a growing area of interest for consultants, businesses, fintech investors, central banks, and governments. Digital currency vs electronic banking. Another difference is that electronic banking involves interacting with the banking system.
Tom Spencer
DECEMBER 10, 2014
WILLIAM Black, former bank regulator and Professor of Economics and Law at the University of Missouri, witnessed first hand how banks took control of the banking system to commit fraud on a colossal scale.
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