I give! Match conceeded to Parso because I have to go write a lecture on establishing fiscal policies in developing countries. But for the record:...
They don't really change the reserve requirement but it is still there and when talking about the money multiplier it eventually nets out to zero...
The only fundamental flaw in this theory is that for every $1.00 that is saved, those banks can only lend out $.80 because of the Federal Reserves...
I first off thank you for the compliment. To answer the question though I don't think it is entirely unreasonable to expect this to happen. I just...
16?? I know this might be a foolish question but at what age can a high school student verbally commit to a collegiate program?
I guess this just boils down to "to each their own". What I would have done is clearly not what some of you would have done. Each is right in...