Rising household debt expected to deal severe blow to Korean economy:BOK

Rising household debt expected to deal severe blow to Korean economy:BOK

Korea’s central bank has expressed growing concern over the nation’s mounting household debt. After hitting a record high of one-point-two-nine quadrillion won, or around one-point-one trillion U.S. dollars, it seems on course to surpass the one-point-four quadrillion won mark. The local economy could be dealt a severe blow, especially when Korea’s household debt to GDP

How much money can banks create – Banking 101 (Part 4 of 6)

How much money can banks create – Banking 101 (Part 4 of 6)

PART 4: WHAT DETERMINES HOW MUCH MONEY THE BANKS CAN CREATE? So what actually limits how much money the banks can create? You’ve probably seen the standard multiplier explanation of fractional reserve banking that we discussed in an earlier video. In this model, the banks have to keep a percentage of their customers’ money in

Ways You Can Spot Rare Valuable Money In Your Wallet

Ways You Can Spot Rare Valuable Money In Your Wallet

– [Narrator] If your wallet in your back pocket, you could be sitting on a fortune and not even know it. Countries all of the world like to print notes or cost coins that are in very small amounts or they make little mistakes during the printing or molding process that lead to your notes

Apple Credit Card – FUNKY MONDAY

Apple Credit Card – FUNKY MONDAY

Here at Apple, we feel that making 200 Billion dollars a year just isn’t enough. We want to print our own money. Unfortunately, Uncle Sam says that that’s illegal or as some users would say “illiagal.” “Alegl” “Illgeal” “Elegal” “Laeuaigaiual” So instead we’re going to do the next best thing Introducing the all-new Apple Credit

How is money really made by banks? – Banking 101 (Part 3 of 6)

How is money really made by banks? – Banking 101 (Part 3 of 6)

Before we start looking at how money is really created, we need to have a quick look at what types of money we actually use in the economy. There’s actually three types of money that we use in the economy. As a member of the public, you will only have ever used two of them.

How Cash Changes The Way You Look At Money – Dave Ramsey Rant

How Cash Changes The Way You Look At Money – Dave Ramsey Rant

Chase is on Twitter, can you explain to me? How using only cash is beneficial? Well, I don’t use only cash I use I pay things over the internet all the time, and I use a debit card obviously for that and I use a debit card at the gas pump and A few other

This Face Will Eat Your Money…

This Face Will Eat Your Money…

It’s not every day… You get to one box and try out a “Facebank”. Excuse me Lou, please tell me what a “Facebank” is! Well, I’m trying to figure that all out as well. You guys know, I look at a lot of weird stuff here. Now this, this is on the far end of