Everything That's Wrong With You And Your Money
A reader writes: Once the Fed Prints/Creates money, where does it go? Is it handed out to all Banks? Or just made available to loan? The later seems ridiculous today given how much money is already in circulation. Just have no idea who gets this money or where it goes once it is created. This [...]
In April of 2010 Arizona got tired of waiting on immigration reform to come from Washington. They passed a controversial law that allows for anyone to be arrested if they can’t prove they are citizens of the US (this is a generalization). The courts are still in a battle over the legality of the bill [...]
At least according to a report from the Federal Reserve to Congress regarding bank marketing efforts to get college students to sign up for credit cards. This report is a part of new disclosures required by the banks from the CARD Act, not to be confused with the financial reform bill. Perhaps the greatest revelation [...]
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