Archive for May, 2011

How many people have actually wondered, where does the bank get all of its money from?

Many of you might think, the bank gets its money, to lend, from its depositors. However, this isn’t true. Others might think, the money comes from the government, true, but ONLY to a very narrow point. With that said, how many of you actually know where the banks get their money from?
And why does our [...]

Why do you say Herman Cain is a Libertarian when he runs a FEDERAL RESERVE BANK, the bane of Libertarians.?

Libertarians and Libertarian-Republican should know better – Herman Cain is NO Libertarian.
I think some people are getting him confused with Thomas Sowell, Walter E. Williams, or John Monds.

How does Bank of America decide to pay or return a check presented on insufficient funds?

I bank with Bank of Ameirca. In the past I have had checks posted with insufficient funds in the account. They usually pay the amount and overdraw my account as well as tack on the $35 fee. I have also in the past had them return the check charging me the $35 [...]

Are low interest rates indicative of an expansionary monetary policy by the central bank? READ?

I have a Macroeconomics test tomorrow (for a university intermediate Macro course), and I’m having trouble answering the following question from an old exam. It’s true; false or uncertain, where full marks will be given for the explanation.
"Currently in Canada, or the US, short term interest rates are at historic lows. Such low interest [...]

Need help with my bank of america account!!!!!!?

okay i have a bank of america account. i started off with $25. but i have no money in there and it keeps saying like – $.11 and somehow i got $35 deposited from bank of america credit n i just want to knoe what its all about before i deposit some money today. will [...]

How much gold does your guild bank have in World of Warcraft?

Someone in my guild quoted a random fact that most guilds level out at about 10k gold. Ours has all 6 bank tabs and 15k gold.
How much gold does your guild bank have?
5 bank tabs and 3k gold

How can I go to my bank on line to pay my bills through my bank?

I do my banking and paying my bills through Bank of America. I would like to know if I can do my banking through Yahoo? And if so how?
No…U cant!!!

How do i check my bank statement online?

Well i wish to make a payment to someone using moneybookers. I entered the amount to deposit and they took a small sum up to 2.99 out of my account. I have to check my bank statement to see the amount and verify it with moneybookers. I have a visa card and im registered with [...]

Do you need to add funds from your bank account to PayPal in order to buy things on eBay?

In other words do you have to have funds already in your PayPal account, or will PayPal automatically take the required amount of money from your checking account?
No you don’t! As long as you have set up a bank account or debit/credit card, you do NOT have to have money already in your paypal account!

What is the current debt of Govt. of India to World Bank or to any other country?

It’s total debt stood at 19.57 trillion rupees at the end of this fiscal year.
Here is what the world bank says; http://web.worldbank.org/WBSITE/EXTERNAL/EXTABOUTUS/ORGANIZATION/EXTPRESIDENT2007/EXTPASTPRESIDENTS/PRESIDENTEXTERNAL/0,,contentMDK:20073148~menuPK:232084~pagePK:159837~piPK:159808~theSitePK:227585,00.html
Here is what Reuters say; http://in.reuters.com/article/2008/05/06/idINIndia-33430420080506