Tuesday, December 9, 2008

Royal Bank to issue new shares - Globe and Mail

Royal Bank to issue new shares - Globe and Mail
Fractional Reserve Banking from Canada writes: They mean that the banks are increasing their reserve amounts. If you went to the bank and deposited 100K, the bank would take 10% and stuff it in the vault, that's the reserve, the other 90%, or 90K

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Free-market Thinkers - New American
With bailouts and other unabashed socialist projects being embraced by both political parties to "save our economy," has free-market economics been proved faulty? In the bailout-a-week political climate, it is all too easy to believe that free-market

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