Market Economy System
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Mortgage Banks
Mortgage banks are the set of companies that sell loans to other companies and loan investors. They allow for mutually beneficial relationships between borrowers and lenders - the borrower gets money now, and the lender gets the interest that will accrue. Mortgage bankers work by creating a huge resource base consisting of loans of various types. Loans may be serviced by mortgage bankers and most of them operate through wholesale lending departm Read More... -
Review - M. Owens, The Political Economy of National Defense
I believe that the political economic system of Modern Liberalism best achieves the state’s twin goals of prosperity and security. The objective of this system is to enhance economic well being by redistributing wealth and regulating economic activity. The government does the allocation of resources necessary to produce goods for competing ends. Under this system, the Government plays a major role in the economy. Modern Liberals justify Gover Read More... -
Money Doesnt Grow On Trees
President Bush understands this fact and that is why he uses printing presses instead. The Federal Government seems to print money at will whenever they feel the need. The Fed devalues the dollar in order to pay for things that they should not be paying for. They find out how much something will cost and just print the money required to make that purchase. In somewhat distant memory the United States dollar was actually worth something. The doll Read More...
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