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Macro 17.pdf
- 7. How do banks go
bankrupt?
Liabilities vs.Assets
Deposits vs. Loans
- 10. $500,000 at 3% for 30 years
$2,153
$2,153 at 6% for 30 years
$354,749
Value Loss: $145,251
29% loss in value
- 32. Why do people want dollars?
Buy American Products
Invest in America
Trade for other currencies
Hold and hope