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Financial Stuff Outside the Box

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Touch the Soil News #616 (feature photo CC SA 3.0) The cornerstone of the financial system – upon which the economy hinges – is the banking system. In the aftermath of the 2008 financial crisis, the Frank-Dodd Act tried to manage the risks banks take. In the process, banks needed to build more equity. The theory is that if banks have more equity, they will have a greater cushion for adversity before the FDIC has to step in and protect deposits. To make it simple, let’s assume the banking industry is a house worth $100,000. As of 12/31/2008, the banking system would have had debts of $90,700 against the $100,000…

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Dollars, Hunger & Banking

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Touch the Soil News #195 Peter Puffin, Freddie Frog and Banker Bob explore the twilight zone of money and hunger. They uncover aspects of dollars that are absent from our school curriculums and public debates. Have fun examining your own financial IQ. The world of food and hunger provide the perfect setting for Peter, Freddie and Banker Bob to do their exploring. Want More? – Sign up below Special Deals Ahead…Sign up!

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