
The day that first gold and silver bank note collection arrived I opened it immediately and was really impressed on its solid packaging and how it was really in perfect condition.
My experience was really wonderful and I hope this will help you in your buying decision.
I saw this question and this answer. Is this correct?
Here’s the original question.What are the target markets and stakeholders of a bank?I am enroled in a business management course and need to develop and assignment regarding a bank (one of the largest banks in Canada). We are a group of 5 people in the group and I need to talk (or write) about “Target Market” and “Stakeholders”. Can anybody give me ideas about these topics or tell me where I can find more information. Thanks.Here’s the answer I saw.This is a difficult question as it does not follow the normal mechanics of basic economics. The term stakeholder and target market have different meanings when it comes to typical banking institutions found around the globe. Most banks around the globe are practicing what is termed in America as fractional reserve banking (Basically they can lend out many times more money than they hold. Yes I said they can loan out money they don’t even have.), most are operating in a fiat economy (which means the money is not backed by any precious commodity such as gold or silver), and most banks found around the globe use an inflationary system of money creation by creating the money as debt is incurred through a melding of the practice of fractional reserve banking within a fiat economy in collaboration with the central bank of that economy. It may seem a little complex at first, first gold and silver bank note collection let me explain this easier. In the simplest words, people take out loans through the bank (this creates promissory notes), the bank then turns the promissory notes into the central bank, because the promissory notes were signed by the lendee and delivered to the central bank, then the money is thus created and put into the banks holdings (Wait! What just happened? Money was created out of thin air? YUP! And now because the bank holds this “X” amount of money then now, the can loan out “XY” amount of money. Follow this, money was created out of nothing and now they can turn and loan out many times more money because that money was created). This can be done because it is a fiat based economy (money is backed up by nothing) and the central bank (which are not normally a governed part of any government branch, meaning they are not a part of the government in anyways. They are privately owned entities and this is the norm at a global scale)is allowed to create the money by its rules. If you’ve never studied banking then all of this is going to seem absolutely insane, and it is! But it is the way banks operate globally as part of a “normal” system we simply define as the economy. Yes, this is how both Canada and the United States operate, once again, it’s the system implemented at a global scale to each economy. And yes, it is insane!So, when we talk about stakeholders and target markets they don’t have the typical definition as when we deal with plain corporate institutions. The target market can be said to be the lendees, for they are the form in which money is made and created (This is an obscure form of profit. Money is absolutely made, but it’s in the literal form. Money is created it’s not a true profit in gains through sales as is the case for any privately owned corporate entity). The stakeholders is the real trick of this question, for in traditional from the stakeholder is the one who has stake in the companies operation. In wall street this is typically the stockholders. But who flips the bill for the banking institutions? The answer is everybody. Since all the banks are in collaboration with the central banks, then all share in the “profits” of money creation. But there is no real people or entity that put money into its operations, that would be ludicrous, since they create the money themselves. However, the government, the economy, and the citizens all are people that serve the consequence for the how well the bank operates or does not. Even though the bank is not run by the citizens, by the banks, nor by the government. HOW SCREWED UP IS THAT!Hope you get an “A”. And I don’t expect anybody to accept these teachings first time round. They are fact, I challenge you to prove them wrong. LATE!Is this true?
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Here’s the original question.What are the target markets and stakeholders of a bank?I am enroled in a business management course and need to develop and assignment regarding a bank (one of the largest banks in Canada). We are a group of 5 people in the group and I need to talk (or write) about “Target Market” and “Stakeholders”. Can anybody give me ideas about these topics or tell me where I can find more information. Thanks.Here’s the answer I saw.This is a difficult question as it does not follow the normal mechanics of basic economics. The term stakeholder and target market have different meanings when it comes to typical banking institutions found around the globe. Most banks around the globe are practicing what is termed in America as fractional reserve banking (Basically they can lend out many times more money than they hold. Yes I said they can loan out money they don’t even have.), most are operating in a fiat economy (which means the money is not backed by any precious commodity such as gold or silver), and most banks found around the globe use an inflationary system of money creation by creating the money as debt is incurred through a melding of the practice of fractional reserve banking within a fiat economy in collaboration with the central bank of that economy. It may seem a little complex at first, first gold and silver bank note collection let me explain this easier. In the simplest words, people take out loans through the bank (this creates promissory notes), the bank then turns the promissory notes into the central bank, because the promissory notes were signed by the lendee and delivered to the central bank, then the money is thus created and put into the banks holdings (Wait! What just happened? Money was created out of thin air? YUP! And now because the bank holds this “X” amount of money then now, the can loan out “XY” amount of money. Follow this, money was created out of nothing and now they can turn and loan out many times more money because that money was created). This can be done because it is a fiat based economy (money is backed up by nothing) and the central bank (which are not normally a governed part of any government branch, meaning they are not a part of the government in anyways. They are privately owned entities and this is the norm at a global scale)is allowed to create the money by its rules. If you’ve never studied banking then all of this is going to seem absolutely insane, and it is! But it is the way banks operate globally as part of a “normal” system we simply define as the economy. Yes, this is how both Canada and the United States operate, once again, it’s the system implemented at a global scale to each economy. And yes, it is insane!So, when we talk about stakeholders and target markets they don’t have the typical definition as when we deal with plain corporate institutions. The target market can be said to be the lendees, for they are the form in which money is made and created (This is an obscure form of profit. Money is absolutely made, but it’s in the literal form. Money is created it’s not a true profit in gains through sales as is the case for any privately owned corporate entity). The stakeholders is the real trick of this question, for in traditional from the stakeholder is the one who has stake in the companies operation. In wall street this is typically the stockholders. But who flips the bill for the banking institutions? The answer is everybody. Since all the banks are in collaboration with the central banks, then all share in the “profits” of money creation. But there is no real people or entity that put money into its operations, that would be ludicrous, since they create the money themselves. However, the government, the economy, and the citizens all are people that serve the consequence for the how well the bank operates or does not. Even though the bank is not run by the citizens, by the banks, nor by the government. HOW SCREWED UP IS THAT!Hope you get an “A”. And I don’t expect anybody to accept these teachings first time round. They are fact, I challenge you to prove them wrong. LATE!Is this true?
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