Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Terry Maloney who wrote (414330)	4/5/2011 9:00:30 AM
From: Jeff Jordan	1 Recommendation Read Replies (1) \| Respond to of 436258

LOL......Utopianism....Easy as ABC? formula: A x B = C. A = Amount of (local) bank reserves; B = The number of dollars of deposits member (local) banks can create per each dollar of reserves; C = Total Bank Deposits. This is an example of the fractional reserve money ratio formula in terms of money: A x B = C. A = Represents $10,000 the local member bank has in the reserve account. B = The number of dollars member banks may create per each dollar in reserves is $10.00 for each $1.00 in reserve. C = For the total bank deposits, multiply $10,000 by the present ratio of $10 for each $1 in reserve. This means $10,000 times $10 equals $100,000. The local bank may record a total of $100,000 in the "bank deposit" checking account for future loans." If I could make loans of $100K @ 4% I'd be rich!<g>......We now have more housing foreclosures than housing starts.<ng> Booyah for Tyranny? youtube.com "The most important bill in our whole code is that for the diffusion of knowledge among the people. No other sure foundation can be devised, for the preservation of freedom and happiness." - Thomas Jefferson The more corrupt the state, the more numerous the laws'- Tacitus, Annals III 27 `Give to every other human being every right that you claim for yourself - that is my doctrine.'- Thomas Paine - Love vs Fear...you choose? Message 16908566 ...."We", have endless demand for Our product!