Tagged Questions

4
votes
4answers
116 views

Is “Fractional Reserve” banking real?

A good friend of mine keeps telling me how all money is created from debt, with only a tiny fraction coming from the bank's actual reserves. Which he refers to as "Fractional Reser …
3
votes
4answers
132 views

When will Canada convert to the U.S. Dollar as an official currency?

(note I really don't want this to sound argumentative, I'm genuinely interested. The title is simply a follow up to this question and my answer. To the Canadian users of this site …
4
votes
5answers
129 views

When will the U.K. convert to the Euro as an official currency?

When will the United Kingdom switch to using the Euro? The main group of European countries have adopted it as a common currency and it appears this is the future direction. If n …
1
vote
1answer
62 views

How does the concept of negative interest rates work? Are there any examples of this?

This term has been proposed in economics, what exactly is it? I thought interest rates never fall below zero. How would this work? Wouldn't it actually be a penalty to depositor …
2
votes
5answers
30 views

What is your favorite book on the topic of Economics History?

People are always trying to explain why certain events occurred in the Markets and why they will and will not occur again. What books have you read that gave good insight into Eco …