Sunday , 22 September 2019


Banking

Ben Bernanke On the Pros & Cons of Negative Interest Rates (+2K Views)

We can't rule out the possibility that, at some point in the next few years, our economy will slow, perhaps significantly. How would the Federal Reserve respond? What tools remain in the monetary toolbox? In this and a subsequent post, I discuss some policy options the Fed might consider, focusing first on negative interest rates.

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Are Taxes Higher In the U.S., Canada Or Britain?

The all-encompassing, deceptively brief infographic presented here by Fortunly includes specific examples of taxes around the world and how different conceptions of taxation are evolving in the digital era. No one enjoys paying taxes, but we hope you will enjoy learning about them here.

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Derivatives Are Nothing More Than A “Game” of Russian Roulette! Here’s Why (2K Views)

Russian Roulette: Put one bullet in the cylinder of a revolver, spin the cylinder, point the gun at YOUR head, and pull the trigger. Most revolvers have 6 chambers, so your odds of surviving are 5 in 6, IF you quit after pulling the trigger once. Press your luck, spin the cylinder, point the gun, and pull the trigger again. It might be okay. Try for a third time? Now let's play Russian roulette - derivatives style.

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