Read more: http://imgur.com/gallery/b4AY9
GNI is a better measurement for our current economy.
Not really. It’s correlated with those things, but it is strictly, by definition, a measure of expenditures.
Technically I am doing geography homework on the GDP, which was funny. Technically.
Reserves? I thought the actual reserve of deposits was something like a quarter percent?
USA requires 10% reserves minimum. Banks are currently holding a lot more than that. They do make .25% interest on their reserves though.
Still, what if that money was used directly on causes that needed it?
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