This made me chuckle.
Banking
There are 13 replies in this Thread which has previously been viewed 874 times. The latest Post () was by Splinter.
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Now it all makes sense.
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Now that you've had a giggle about it, here's the real truth of banking and financing as we know it. The meat of it kicks in about 5:30 mins or so.
And if you're put off watching that video because it was on Russia Today, you can watch the same guy talk through the same matters here: Professor Werner explains the reality of banking in very clear terms>
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Ah yes, Australia's answer to John Wells and John Fortune. Where did you come across the video Splinter ?
YouTube suggested it based on my viewing habits I suppose.
Now that you've had a giggle about it, here's the real truth of banking and financing as we know it. The meat of it kicks in about 5:30 mins or so.
And if you're put off watching that video because it was on Russia Today, you can watch the same guy talk through the same matters here: Professor Werner explains the reality of banking in very clear terms>
Werner is very easy to listen to even for an economy dullard like me.
But it's bank bailouts that really get my goat.
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YouTube suggested it based on my viewing habits I suppose.
Any idea how I stop them suggesting I watch videos with scantilly clad females in them?
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Any idea how I stop them suggesting I watch videos with scantilly clad females in them?
Buy a pair of sunglasses?
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Werner is very easy to listen to even for an economy dullard like me.
But it's bank bailouts that really get my goat.
I, also, am an economics dullard. Yet your videos, @Bombonera , have taught me to keep my eye on the credit creation theory, and I am certainly looking at deposits in a different light. Perhaps Milei should reconsider before neutralizing the powers of the Central Bank, especially the (non inflationary) creation of goods and services to promote growth?
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Yes Splinter I was in the "let RBS go to the wall" camp of thinking back in the day, though I had a vested interest in my own bitterness against them!
Meanwhile, Werner reminds us that, despite the common belief that banks lend out deposits, they really do not.
It's all interesting (to me) but bloody disgraceful.
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I just opened a Cuenta DNI with Banco Provincia for two reasons.
You get loads of discounts up to 40% - how long that will continue is anyone's guess since it's owned by the province and two, because I hope to jump the queues when paying in cheques for my clients.
I will of course report back with my findings!
PS
It's also really easy to set up via the phone app and your DNI. Nothing else is required.
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Do you have to live in provincia to get this account?
I am still a CABA boy..
I will change my offical residence in the year as I have to get a new driving licence and I want to get all centered ij the one place.
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The missus has had one for ages. She drags me here there and everywhere to take advantage of the discounts. There are maximum limits to how much you get refunded however they've been very good at depositing the cash. I'm quite happy to tag along especially when I need KitKats and booze.
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Do you have to live in provincia to get this account?
I am still a CABA boy..
I will change my offical residence in the year as I have to get a new driving licence and I want to get all centered ij the one place.
I've looked but can't find any info on residency requirements, so I assume you can. Give it a try.
Cuenta DNI: cómo funciona y cómo darse de alta para acceder a descuentosEn esta nota te contamos todo lo que tenés que saber sobre la billetera virtual del Banco Provincia.www.ambito.com -