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Bank Profitability: Decoding the Income Statement

Tom Spencer

Banks typically adjust their lending rates based on the central bank’s policy rate. It reflects the bank’s assessment of potential losses it may incur and its commitment to maintaining a strong balance sheet. Indirect tax refers to taxes imposed based on the consumption, sale, or use of goods and services.

Banking 88
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Another "Print Your Way to Prosperity" Mindless MMT Proposal

MishTalk

Adair Turner, former Chairman of the United Kingdom’s Financial Services Authority, and current member of the UK’s Financial Policy Committee and the House of Lords proposes a need to Rethink the Monetization Taboo. The Fed’s tapering merely slows the growth of its balance sheet.

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Two-Week Price Inflation in Argentina hits 30%, US Products Lead the Way; Currency Devaluations Hit P&G Earnings

MishTalk

Forbes explains Venezuela, Argentina Currency Devaluations Hit P&G Expected Sales And Earnings. Due to devaluations in currencies like the Venezuelan bolivar, Argentine peso and Turkish lira, to name a few, the consumer product giant said that it is lowering its outlook for its full-year 2014 sales and earnings.

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Repair Regulations: Limiting Business Deductions

Women in Consulting

into office supplies, these items must now be put on the balance sheet and depreciated and tracked. If the taxpayer has a written accounting policy in place before 01-01-14. If the taxpayer has a written accounting policy in place before 01-01-14. Sign and date your written policy. Otherwise the limit is $200).

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M&A deals – benefits and drawbacks

Tom Spencer

Such transactions typically happen between two businesses that are about the same size and which recognize advantages the other offers in terms of increasing sales, efficiencies, and capabilities. If there are debts owed by each organization, then the M&A process may increase the total balance sheet debt of the combined company.

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6 Reasons Inflation is Higher than You Think

Tom Spencer

Policy makers have been quick to point the finger of blame away from themselves. This is already impacting home sales, and Fannie Mae forecasts home sales will fall for the next 2 years. The prices of some goods are rising much more quickly than the average rate measured by the CPI. in September (an annualised rate of 14.4%).

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Monetarists Accuse ECB of "Dangerous Game of Chicken"; The REAL Dangerous Game

MishTalk

The balance sheet of the European Central Bank has fallen by €553bn over the past year as banks repay money that they no longer want, either because ECB funds are too costly in a near-deflationary world or because lenders are being compelled by regulators to shrink their books. The US and China are withdrawing stimulus on purpose.