Not exact matches
In effect, Russia has simply lost the
money with which it has endowed these banks with government
deposits that have been re-lent the government at annualized interest rates often in
excess of 100 per cent.
These reserves are «
excess» because they are not being utilized to «back» checkbook
deposits that all households and businesses count (properly) as
money.
Assuming 1) all banks face a 10 percent requirement, 2) no one takes wants outside
money, and 3) no banks hold
excess reserves, the system will create $ 10,000 based on that original $ 1,000
deposit.
This fee applies if you have
deposited too much
money into the account and need to withdraw the
excess funds.
With rising bond default rates and the lowest Treasury yields in more than a generation, investors would be wise to reconsider long - term bank time
deposits as a way to earn safe returns in
excess of
money market yields.
What FDIC insurance does not cover: any of the above in
excess of $ 250,000 in a single bank, non-bank
money market accounts, investment securities (stocks, bonds, mutual funds, ETF's, etc) or the contents of safe
deposit boxes.
The ability to pay
deposits should automatically sterilize any
excess money creation.
Here is where the Fed would believe that the ability to pay interest on
deposits is important — short term interest rates can not fall much below the Fed Funds rate, as any
excess money would simply flow into reserves at the Fed.
336 DOS 97 Matter of DOS v. Reyes - accounting to client;
deposits; DOS fails its burden of proof; licensee violates 19 NYCRR 175.1 by
depositing rents in the management of client's business into his operating account; licensee fails to fully account for insurance proceeds and pays himself management fees well in
excess of amount agreed to; DOS fails to prove licensee wrongfully closed client account, improperly monitored charges assessed in the operation of client's apartment business and failed to pay insurance premiums; broker required to refund
excess commissions earned plus interest and to fully account for
monies claimed expended for maintenance and repair; broker's license is suspended for 6 months and until such time as proof submitted of refund of
excess commissions and accounting