Sentences with phrase «kept in bank vaults»

Einstein's ophthalmologist, Henry Abrams, managed to remove the eyes, which he kept in a bank vault.

Not exact matches

Renting space in a bank vault costs money and if you decide to keep it at home, you might need to purchase a safe to store you silver.

The new LBMA data supposedly also reveals how much private custodians, HSBC, JP Morgan, and ICBC Standard Bank among them, keep in their vaults.

(1) It issues and redeems paper money — United States and Treasury notes;... (4) it transfers money to move the crops;... (6) it acts as a regulator of the rate of discount by contracting and expanding the currency through its operations upon the deposits in banks and in its own vaults; (7) it keeps the gold reserve of the country.

Monetary policy is maintained through actions such as modifying the interest rate, buying or selling government bonds, and changing the amount of money banks are required to keep in the vault (bank reserves).

The central bank has the monopoly on issuing currency, so if a customer withdraws cash from a demand deposit, the bank in turn has to obtain the bank notes by drawing down its reserves account with the central bank (leaving aside that banks keep a certain amount of vault cash on hand).

It was kept in a closet in his Zurich home and ultimately, years after his death in 1961, secreted in an underground bank vault.

He raised taxes at a time when the average family was near or in starvation mode, he confiscated all of the nation's privately - owned gold and then promptly devalued the dollar by 40 % (reducing the buying power of any saved dollars by almost half overnight), he raised bank reserve requirements numerous times (taking yet more cash out of the real economy so it could be hoarded in vaults), he actively supported a trade war with tariffs that created massive global imbalances (some would argue ushering in the rise to power of fascist regimes that would have had no chance in times of prosperity), and perhaps most damning, rather than plowing most of those raised tax dollars back into the stalled economy, he instead bought gold on the global markets for the government and sequestered it, keeping it from backing new dollars (monetary expansion, which most understand is required to turn a recession around) and instead further crushing the economy — and not just the US economy.

The latest example: A year or so ago, Germany told the Federal Reserve Bank of New York (a privately owned bank, mind you) that it wanted to repatriate 300 tons of the 1700 tons of gold it had stored in its vaults (back during the cold war, when Russia looked like it might invade Germany at any moment, it seemed prudent to keep it in Bank of New York (a privately owned bank, mind you) that it wanted to repatriate 300 tons of the 1700 tons of gold it had stored in its vaults (back during the cold war, when Russia looked like it might invade Germany at any moment, it seemed prudent to keep it in bank, mind you) that it wanted to repatriate 300 tons of the 1700 tons of gold it had stored in its vaults (back during the cold war, when Russia looked like it might invade Germany at any moment, it seemed prudent to keep it in NY).

Monetary policy is maintained through actions such as modifying the interest rate, buying or selling government bonds, and changing the amount of money banks are required to keep in the vault (bank reserves).

For smaller banks (less than $ 15.2 M in deposits), there's no specific requirement for how much cash they need to keep in their vault.

Reserve requirements mandate that depository institutions set aside a certain amount of their funds either in the form of vault cash or the accounts they keep at regional Federal Reserve Banks.

The gold is sealed in your presence and vaulted in the safe keeping of the bank Additionally, if you are an IndusInd Bank customer, you get easier repayment options and lesser documentation, making the loan process simpler for bank Additionally, if you are an IndusInd Bank customer, you get easier repayment options and lesser documentation, making the loan process simpler for Bank customer, you get easier repayment options and lesser documentation, making the loan process simpler for you.

In order to increase financial stability — discouraging bank runs, for example — central banks impose reserve requirements, forcing these institutions to keep a certain portion of their funds either as vault cash or in accounts at the central banIn order to increase financial stability — discouraging bank runs, for example — central banks impose reserve requirements, forcing these institutions to keep a certain portion of their funds either as vault cash or in accounts at the central banin accounts at the central bank.

We recommend that you keep this piece of paper in a bank vault or place with similar security if you plan to keep significant amounts of money in your wallet.

Make sure you own and control your private keys by keeping your Bitcoin in a secure offline wallet or vault such as Swiss Bank In Your Pockein a secure offline wallet or vault such as Swiss Bank In Your PockeIn Your Pocket.

Controls the vault and currency coming in and out of the bank to keep a consistently low cash tracker