Why Do Banks Make So Much Money?

Why Do Banks Make So Much Money?

Banks are the most heavily subsidised businesses in the world, specially protected by governments. While the money runs out for the rest of us, the largest private banks still thrive. This is because they get the biggest subsidy of them all – the licence to print money. Hard to believe? Martin Wolf, the Chief Economics Editor…

Why Do Banks Make So Much Money?

Banks are the most heavily subsidised businesses in the world, specially protected by governments. While the money runs out for the rest of us, the largest private banks still thrive. This is because they get the biggest subsidy of them all – the licence to print money. Hard to believe? Martin Wolf, the Chief Economics Editor…

🔴 Negative Interest Rates Explained (w/ AK)

🔴 Negative Interest Rates Explained (w/ AK)

Every week in 2019 keeps getting crazier. We got inverted yield curves. We got traded wardsWe got negative interest rate and the negative interest rates in particularThey might seem backwards to a lot of people but actually they’ve been around for yearsThe first country to dip their toes in was Sweden back in2009 right after…