Andrew Jackson had many accomplishments throughout his life such as creating the democratic party and as a general in the War of 1812. Even though he had these achievements, he is well-known mostly for his time in office. During Jackson’s presidency, there were many controversies that had a very powerful impact on U.S. history such […]
The Great Depression started to take effect in August 1923 and did not end until March 1933. This was a time of an economic crisis, where money became scarce from job loss and debt. World War I brought the United States a great of money, with the need of mass production for equipment to supply […]
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Get startedThe Great Depression and The Great Recession are two important downfalls in economic fluctuation in two completely different time periods. The 1930s (The time period The Great Depression) and the late 2000s (The time period of the Great Recession) are very different, but problems within the Federal government provided a parallel between the two. What […]
The movie, Inside Job, certainly investigates how variations in banking practices and the policy environment helped construct the financial crisis. In September of 2008, when Lehman Brothers and AIG declared bankruptcy, it set in motion a massive financial crisis. The national debt of the U.S. was doubled; it put 30 million people unemployed, and cost […]
What attitude does banks have towards Bitcoin, and how does it affect banks future? Bitcoin development is among the internet finance that has mounted a lot of pressure on the banking industry. In this regard, banks are called upon to espouse current technologies if they are to meet contemporary customer needs as well as the […]
Monetary policy work through a compounded apparatus, but the basic idea is simple. The Fed supplies (or withdraws) reserves to the banking system, which affects the availability of credit generally. Central banks usually have three monetary policy tools; Open market operations: buying or selling bonds; Changing the discount rate: changing the rate that the central […]
