Big Banks Behind Payday Loan Scams

Big Banks Behind Payday Loan Scams

the center for responsive all lending and credit slips dot org found out that major banks are actually behind these credit ap read it predatory uh… payday loans and this is something that we have talked about on the show before the payday loans are horrible therefore renders basically what they do is they take

Big Banks Pocket $32 BILLION From Trump’s Tax Cuts

Big Banks Pocket $32 BILLION From Trump’s Tax Cuts

In the event that there is anyone out there that thinks that the Republican tax scam package passed at the end of 2017 was anything less than a giveaway for the top 1% let me offer you a little bit of new data to further prove that nobody but the top 1% benefited from this

What’s So Bad About Big Banks?

What’s So Bad About Big Banks?

Throughout his presidential campaign, Senator Bernie Sanders has called for the breakup of Wall Street’s big banks. These six financial institutions, which likely include JP Morgan Chase, Bank of America and Wells Fargo, collectively hold assets equal to 60 percent of the United States’ GDP. The central problem with these banks, as outlined by Sanders,

What Is Money ?

What Is Money ?

What is Money? We all use money We need it to buy things We work hard to earn it. We save it for retirement, or a rainy day. We all rely on money – so why don’t we know how money works? Why is there sometimes too much of it, making us believe that the

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

3 Key Ratios for Small Bank Investing

3 Key Ratios for Small Bank Investing

Gaby Lapera: We have these small banks. We’ve talked about why you like them, why you have convinced me to like them but do you have to assess small banks in a different way than you do big banks? Tim Hanson: Yes, absolutely. Starting with a small bank in the environment we’re in today, there

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 to Fuel the Economy Without Increasing Debt, through Sovereign Money

How to Fuel the Economy Without Increasing Debt, through Sovereign Money

Thank you. Ok, my name is Ben Dyson if you haven’t met me before I founded Positive Money back in 2010. Thank you. So what I am going to talk about now is the current economic situation that we are in and what we need to be doing to deal with it and what our

Subprime

Subprime

it's Patti kosher marketplace here to talk to you about the word subprime and hearing a lot about the word subprime recently mainly because of what's going on with the Federal Housing Administration now what's happening is the FHA has been kind of charged with rejuvenating the mortgage market and a lot of people say

CLOs

CLOs

it's Patti Hirsch here at marketplaces here to talk to you about cielos of collateralized loan obligations okay we've seen these in the news recently because collateralized loan obligations are kind of an engine of the economy and they recently Citigroup said that it is going to start it's going to put out the first