Financial Independence And How to Attain It
Financial Independence And How to Attain It
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In our eReader you can find the full English version of the book. Read Financial Independence And How to Attain It Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Financial Independence And How to Attain It
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It is owned, controlled, and oper- ated for the benefit of the bank, which means the stockholders generally, and the bank clique particularly. Those stock- holders who control the bank, and their business associates, make up the bank clique, or insiders. One may be a stock- holder and still be an outsider. What makes Banking Profitable. It is this privilege of accepting deposits and issuing bank credit which makes the bank- ing business profitable. The bank capital is solely for the purpose of ...attract- ing deposits. When the deposits come, THE TROUBLE 19 the mint begins operations, and therein lies the profits. It should be clearly ap- parent that all of the apparatus the banker uses to make a profit belongs to the general public. Elements of Credit. Credit is made up of two elements, confidence and time. If your credit is good at the corner grocery, it is because the grocer believes that you will pay at some time in the future. The time he is willing to allow you for payment depends directly upon the amount of con- fidence he has in your ability and willing- ness to pay.
What to read after Financial Independence And How to Attain It?
You can find similar books in the "Read Also" column, or choose other free books by H C Henry Colman Cutting to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It is owned, controlled, and oper- ated for the benefit of the bank, which means the stockholders generally, and the bank clique particularly. Those stock- holders who control the bank, and their business associates, make up the bank clique, or insiders. One may be a stock- holder and still be an outsider. What makes Banking Profitable. It is this privilege of accepting deposits and issuing bank credit which makes the bank- ing business profitable. The bank capital is solely for the purpose of ...attract- ing deposits. When the deposits come, THE TROUBLE 19 the mint begins operations, and therein lies the profits. It should be clearly ap- parent that all of the apparatus the banker uses to make a profit belongs to the general public. Elements of Credit. Credit is made up of two elements, confidence and time. If your credit is good at the corner grocery, it is because the grocer believes that you will pay at some time in the future. The time he is willing to allow you for payment depends directly upon the amount of con- fidence he has in your ability and willing- ness to pay.
What to read after Financial Independence And How to Attain It?
You can find similar books in the "Read Also" column, or choose other free books by H C Henry Colman Cutting to read onlineMoreLess
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