Fractional reserve system
Fractional-reserve banking is the practice whereby a bank takes in deposits, creates credit or makes loans, and holds reserves (to satisfy demands for withdrawals) that are less than the amount of its...
Fractional reserve system - Wikipedia
What can you buy for $100 trillion in Zimbabwe? Not even a candy bar
Zimbabweans will start getting rid of their basically worthless local currency for a just a few US dollars next week. Residents will get $1 for every 250 trillion Zimbabwe dollars they turn in.
FAO Schwarz To Close New York City Store Due To Rising Rent
FAO Schwarz is closing its iconic toy store in midtown Manhattan as a result of rising rents, Bloomberg reports. The store, known for its giant toy piano, is a major tourist destination made famous by...
Inflation - Fed bets that easing strategy will work
Federal Reserve Chairman Ben Bernanke's quantitative easing (QE2) program appears to have touched off a modest increase in inflation expectations. ...
Inflation
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What can you buy for $100 trillion in Zimbabwe? Not even a candy bar
Zimbabweans will start getting rid of their basically worthless local currency for a just a few US dollars next week. Residents will get $1 for every 250 trillion Zimbabwe dollars they turn in.