Not exact matches
I don't know how it is that
so many
of us manage to miss this simple point, but our
financial system is based on numbers.
The U.K. takes it
so seriously that it invested the Bank
of England with the power to deflate any asset - price bubbles that it identifies as threats to the
financial system.
One
of my
financial goals for 2015 is to save up enough money
so I can launch this
system sometime this year.
The issue is
so pressing in the wake
of WannaCry that on May 17 the Securities and Exchange Commission issued a cybersecurity alert for broker - dealers,
financial advisors and investment funds that stressed both the importance
of undertaking penetration tests and vulnerability scans on critical
systems and the necessity
of upgrading
systems on a timely basis.
So rather than simply chase after new sales, leaving
financial systems struggling to keep up, Shindler and Trapani professionalized the back office
of their Valley Stream, N.Y., business before they embarked on their accelerated growth plans.
I have ignored reasons that might justify lower discount rates or higher GDP adjustments for China mainly because the purpose
of this essay is to explain why the U.S. multiple is
so much higher than China's, and
of course these reasons exist, but I think whatever the correct ratio should be, there is no question that advanced economies always justify higher multiples than developing economies because they tend to be economically more diversified and politically more stable, and they usually have institutions, including clearer legal and regulatory frameworks, more sophisticated capital allocation processes, less rigid
financial systems, and smaller state sectors (which make smooth adjustment, one
of the most valuable and undervalued components
of long - term growth, more likely).
Chinese regulators have become increasingly concerned that some
of the biggest conglomerates have borrowed
so much that they could pose risks to the
financial system.
My remarks will focus on the following question: Should a central bank's decisions on monetary policy account for the stability
of the
financial system and, if
so, how?
This is what I wrote about in the
Financial Times yesterday: the U.S. refusal to cooperate with other countries, above all its double standard insisting that other countries must turn their foreign - exchange surpluses over to the U.S. Treasury to promote U.S. financial markets at their expense — and the demand that any country running a trade surplus with America spend the money on U.S. arms — is so abhorrent that other countries are proceeding to create an alternative global financial system of settling trade and balance - of - payments transactions without the Unite
Financial Times yesterday: the U.S. refusal to cooperate with other countries, above all its double standard insisting that other countries must turn their foreign - exchange surpluses over to the U.S. Treasury to promote U.S.
financial markets at their expense — and the demand that any country running a trade surplus with America spend the money on U.S. arms — is so abhorrent that other countries are proceeding to create an alternative global financial system of settling trade and balance - of - payments transactions without the Unite
financial markets at their expense — and the demand that any country running a trade surplus with America spend the money on U.S. arms — is
so abhorrent that other countries are proceeding to create an alternative global
financial system of settling trade and balance - of - payments transactions without the Unite
financial system of settling trade and balance -
of - payments transactions without the United States.
In the United States during much
of the 19th Century, an erratic and unstable
financial system combined with the huge infrastructure needs
of a rapidly expanding continental economy meant that the US was almost always in short supply
of money and capital *, and
so to a large extent its growth rate was constrained mainly by British liquidity.
The banks also would be excused from submitting plans called «living wills» that spell out how a bank would sell off assets or be liquidated in the event
of failure
so that it wouldn't create chaos in the
financial system.
Inflation has fallen basically straight down since the
so - called super spike
of 2008, which saw the price
of oil surge briefly to $ 147 in the summer before the
financial system collapsed in the fall.
Buffett has said he would do
so as long as he could see a good chance to make money on a given deal — and on the condition Berkshire gets paid upfront by its trading partner, eliminating any
of the counterparty risk that nearly helped bring down the
financial system in 2008.
We believe the Fed became
so focused on shoring up the
financial system and worrying about rising inflation, that it lost sight
of stabilizing aggregate demand.
Just as healthy
financial markets require «bio-diversity»
of service providers and trading participants,
so do they benefit from broad continuity
of trading
systems.
Anthony: I think it's important to note that this whole thing started about a decade ago with a white paper about a peer - to - peer, digital cash payment
system, but over the past decade, people have realized that this underlying technology has a ton
of applications, not just in
financial services and payments, but in other industries such as health care, supply chain and
so on.
But we have tried to make our banking
system and our
financial system more resilient
so that no matter what kind
of shock might hit, our banking
system is today much better able to weather it than it was eight years ago.
So when you go to
financial repression rather than us pulling our money out
of the
system and hoarding it, they would force us to use an electronic currency which they can control.
So that whether there will be some winners that will need to develop as as time goes on to meet the needs
of people in our
financial system..
Instead, regional stability will depend on China's success at reducing systemic risks to its
financial system — which it aims to accomplish primarily by controlling the pace
of credit expansion (see Figure 1) and by gradually deleveraging its state - owned enterprises, or
SOEs.
The US
financial system has been very good at segmenting the market
so that the appropriate type
of investor is matched with the needs
of the borrower.
So far, Bank
of China (Hong Kong) has led tests on a property valuation
system for home loans based on blockchain technology, according to Duncan Wong, vice-president
of financial technologies at Astri, the government - backed research institute working on the
system.
So we need to deepen our understanding
of the links and potential trade - offs between monetary and
financial system policies.
These strategies are manifold: firstly the acceptance
of a new regulation
of financial capital
so that the whole
system does not collapse.
A 1985 study reported that according to the Federal Reserve Board only two percent
of all U.S. families Own «20 percent
of all residential property, 30 percent
of all liquid assets, 33 percent
of all business property, 39 percent
of all bonds, 20 percent
of all stocks, and 71 percent
of all tax - free
financial holdings».3 It can be argued that the ownership
of such vast portions
of our capital by
so few threatens our democratic
system.
The transition to private savings accounts would involve substantial
financial costs, but
so would any
of the potential reforms
of the Social Security
system.
with
so much money in cash reserves perhaps Stan Kroenke is insisting on holding ever bigger amounts in Arsenal in order to satisfy his creditors elsewhere that he always has a large supply
of cash on tap if he should need to call on it kroenke completed his Rams takeover with an acquisition
of 60 %
of its share capital in August 2010, less than eight months before paying # 250 million to take his shareholding in Arsenal beyond 60 % when the global
financial system was in crisis
The
financial regulatory
system operates de facto on a national basis monitoring major
financial institutions operating within the national territory, deciding on detailed rules and interpretations governing inter alia the definition
of riskiness
of assets, the computation
of capital, on and off balance sheet items and
so on; it also in principle takes a view
of the systemic risks which may arise within the national
financial system.
Javvad Malik, security advocate at AlienVault, told SC that organisations dealing with industrial control
systems may not be as savvy to scams as
financial services,
so it could be that the success rate
of targeted emails is higher.
SUNY Polytechnic Institute has yet to receive a $ 25 million loan that was approved by the state university
system's board
of trustees back in September, and it is unclear why the process has taken
so long, or why the institute is in
financial trouble.
Susan Lerner, executive director
of Common Cause New York, a government watchdog, said the pension
system was already under
financial strain,
so reining in the costs by thwarting abuses should be a priority in Albany.
He has drawn the widest notice,
so far, for a series
of financial settlements, totaling almost $ 38 million, with people wrongfully convicted
of crimes and the families
of victims
of abuse in the criminal justice
system.
«Finance wrapped its tentacles around the relevant parts
of the academic world... it is little wonder that
so much academic research was supportive
of the
financial system.»
California's new school funding
system is driving districts in diverse regions
of the state to shift their resources to achieve one
of the key goals laid out in the sweeping
financial reform effort — graduating students
so they are ready for college or careers.
[20] As Andrew J. Coulson concluded in his review
of the global research literature on the effectiveness
of different models
of education
systems: «Education markets work best when families pay directly for their own children's education, and
so the ideal education policy is one that makes it easier for parents to assume that
financial responsibility themselves.»
This
so - called «SACS»
system, detailed in California's 600 + page School Accounting Manual, offers a great deal
of data for those who are prepared to wade through it and the
financial reports that one can generate using it.
And
so is University
of Wisconsin
System president Ray Cross, despite the fact that the measure could cost the state money in tuition reimbursements and grants, and potentially result in
financial losses for UW schools.
There is a need for a well - developed model
of how a
financial crisis works,
so that the wrong cures are not applied to the
financial system.
Bad
financial institutions need to be conserved / liquidated,
so that leverage can be reduced in the
financial system of the US.
Beginning in 1990, the US
financial system has been beset by a series
of financial challenges that threatened the confidence
so fundamental to
financial and economic stability.
For those that are a part
of «Generation Rent,» there is a major contradiction built into the
system: you show great
financial responsibility and consistency by paying your rent on time each month, but receive no credit benefit for doing
so.
Strangely the vast majority
of people are
financial illiterate, (basically a pet peeve, the reason our primary education
system is
so poor is that the worst enemy
of a politician is an educated voter, few politicians desire an educated consumer) and trust without verification, and sadly do not want to spend even sixteen hours per year investigating the numbers and what they actually mean, and compare them to the alternatives.
Ecosystems also can only develop
so quickly; there may be no limits to growth, but there are limits to the speed
of growth in mature economies and
financial systems.
We know how stressful times
of financial difficulty can be,
so we've developed a
system to ensure you get the help and peace
of mind you need quickly.
So, many
of us have online brokerage accounts through our banks or we might have a
financial advisor through our banks, then you can only purchase some products from within their
system.
So therefore, he adds, understanding how the Credit Rating
System works will give millions
of Americans a substantial
financial and psychological advantage over it, saving Americans billions
of dollars a year.
The keiretsu
system they have where there's a sort
of conglomerate
of industrial and
financial... Most
of the financing
of industry was done by borrowed money rather than by equity through Japan's revival from the end
of the Second World War
so they had an average debt level
of about 1.5 times GDP until about 1980.
The other problem I have with central bank policies is that they are prioritising juicing (or attempting to juice) the economy in the short term, through the
so - called wealth effect
of higher asset prices and borrowing, ahead
of maintaining long term
financial system stability.
Among other very important duties, its members are tasked with maintaining the stability
of the
financial system, keeping inflation under control and stimulating the long - term economic growth... which is not
so easy.]
However, the interconnectedness
of stock markets and
financial systems around the world is now
so great that, were such a no - return crash to occur, it would probably be accompanied by the total collapse
of the whole economic
system.