Absolutely sick of the ableist attitude. No you can’t understand how dangerous infections can be to vulnerable people, because you’re not vulnerable. Be glad you don’t understand first hand but that doesn’t mean you get to stay ignorant to what you should be doing to help them.
It is Breast Cancer Awareness month and I cannot stress how important it is to do monthly self-checks!!! It’s better to be safe than sorry regardless of how old you are 💓
Still shaking at how awful some people are. Being shouted at by the @dominos delivery man for “not being disabled” I have a chronic lung condition. @Dominos_UK
QE was first utilised during the 2008 downturn. Cash was pumped into bank reserves with the view that consumers / companies would have EASIER access to CHEAPER lending
Essentially CREATING cash to pump into the economy. What most don’t know is that eventually the lending will become more expensive, and the cash will flow back into the central bank.
Once the cash flows back into the central bank. It will essentially ‘destroy’ the cash created by putting it back into the magic portal it was once created.
We haven’t yet seen this. The central banks still have HUGE deficits from creating the funds.
SUMMARY - QE - Quantitive Easing
In theory it works, it’s unconventional and we haven’t yet seen the full process complete.
1. MONEY CREATED ✅
2. MONEY LENT ✅
3. MONEY SPENT ✅
4. MONEY DESTROYED - Pending
#Financial#financialeducation#Crypto
FISCAL POLICY:
The process by which the government attempts to influence levels of economic activity through government spending, taxation and borrowing.
#Shorts#Crypto#FinancialEducation
If the central bank imposes increased interest rate:
= Banks pass on the increased interest rate on their products (consumer loans, mortgages etc)
= Price of consumer lending subsequently increases
#Shorts#Crypto#FinancialEducation
When interest rates increase, the cost of borrowing also increases.
Typically this means more consumers will save and inflation will drop due to prioritising SAVING over SPENDING
#Shorts#Crypto#FinancialEducation
This is why crypto has so much resistance.
The banks and governments aren’t in control on what interest rates are set. It’s the #PowerOfThePeople that influence rates, utility and enables transparency in the NEW financial system.
#Crypto#Finance#CryptoNews
Hey guys!
It’s Ewan Ellis - I am back on Twitter after a few years, my new new account is @TheCryptoIFA
Make sure to give me a follow again!
@TheCryptoIFA