Not really... What really happens is that the $10,000 that is loaned out, gets deposited into another bank account somewhere, and is used as reserve on another $100,000 in loans, etc, etc...
So even when the originally $10,000 is repaid, the down stream effects of it's existence still exist.
Banks don't create money?
Let's see... They take in $1,000 in deposits and provides loan for $10,000 dollars worth of goods, based on only having to have a 10% reserve rate, seems they've created $9,000 in money to me. This is actually how our economy works, like a big pyramid scheme.
Your post is too true.
I am currently in Chicago on business and went to a very nice restaurant tonight by myself, simply because I like food. When I told my wife about it, her first comment was "Were you alone."
Not 100% relevant but figured it added truth to what you are describing.
New York City is a pretty big market by most counts, however in most of the city Time Warner is your ONLY choice for cable service. On top of that, most apartment buildings don't allow for the installation of satellite dishes, so Direct TV and Dish Networks are both out as options.
With all the media hype you'd think everyone had the swine flu, but in reality there have only been 91 confirmed cases in the US. Not saying this isn't something to worry about, but it's only 91 cases in the WHOLE US!
Which banks would you be referring to that are "Well Capitalized"?
Also, you do remember that AIG is not a bank, but an insurance company, who insured almost 100% of all of the CDO and a large percentage of the mortgages world wide?
It would have made a lot more sense for the US government to FORCE AIG into bankruptcy and to have taken over it's insurance portfolio, but it's too late for that.
I use my Kindle to read multiple newspapers each morning, and I don't have to worry about being on the road and not being able to buy the paper I want.
You are WAY off base here...
Let's take a look at the major stock exchanges for example:
NYSE ARCA = Linux based system
NASDAQ = Linux based system
BATS Trading = Linux based system
Most of the big prop trading firms = Linux based systems
On the back end, I'd say a good 50% of all electronically trades happen on Linux systems.
Slashdot Mirror
I know there are alternatives, but none can match up against Visio.
Sounds crazy, until you think about it, and then you realize it is crazy!
Not really... What really happens is that the $10,000 that is loaned out, gets deposited into another bank account somewhere, and is used as reserve on another $100,000 in loans, etc, etc... So even when the originally $10,000 is repaid, the down stream effects of it's existence still exist.
Banks don't create money? Let's see... They take in $1,000 in deposits and provides loan for $10,000 dollars worth of goods, based on only having to have a 10% reserve rate, seems they've created $9,000 in money to me. This is actually how our economy works, like a big pyramid scheme.
Your post is too true. I am currently in Chicago on business and went to a very nice restaurant tonight by myself, simply because I like food. When I told my wife about it, her first comment was "Were you alone." Not 100% relevant but figured it added truth to what you are describing.
This already exists, and is in use in many data centers, they are called Air Side Economizers, http://www.42u.com/cooling/air-side-economizers.htm
Given that it's named after becoming profitable for the year, I think "Jew Friday" would make more sense. Well, aside from the whole Christmas thing.
*ducks*
Absolutely disgusting!!!! You are a horrible human!
Further, the speed of light through fiber is not the speed of light. Light only propagates through fiber at 2/3 of the speed of light.
How do you figure you can get anywhere on the planet in 50ms?
And isn't it funny that these are the same computers that still run the space shuttle.
New York City is a pretty big market by most counts, however in most of the city Time Warner is your ONLY choice for cable service. On top of that, most apartment buildings don't allow for the installation of satellite dishes, so Direct TV and Dish Networks are both out as options.
How does the FCC have more money then taxpayer dollars? Aren't all dollars taxpayer dollars?
This is the best idea of them all! You do a good deed and you might be able to take a right off on your taxes.
If you have pirated materials on a computer other then your own, then you are an idiot...
Even more space debris...
With all the media hype you'd think everyone had the swine flu, but in reality there have only been 91 confirmed cases in the US. Not saying this isn't something to worry about, but it's only 91 cases in the WHOLE US!
Which banks would you be referring to that are "Well Capitalized"? Also, you do remember that AIG is not a bank, but an insurance company, who insured almost 100% of all of the CDO and a large percentage of the mortgages world wide? It would have made a lot more sense for the US government to FORCE AIG into bankruptcy and to have taken over it's insurance portfolio, but it's too late for that.
Website?
Or just sue you for copyright infringement and make YOU play their legal fees.
I use my Kindle to read multiple newspapers each morning, and I don't have to worry about being on the road and not being able to buy the paper I want.
Maybe there is no PLAN because it's already built.
You obviously don't currently and never have worked on Wall Street...
You are WAY off base here... Let's take a look at the major stock exchanges for example: NYSE ARCA = Linux based system NASDAQ = Linux based system BATS Trading = Linux based system Most of the big prop trading firms = Linux based systems On the back end, I'd say a good 50% of all electronically trades happen on Linux systems.
The subject says it all!!!
Will it blend?