The FSB and the BCBS assess five criteria to identify G-SIBs: size, interconnectedness, complexity, substitutability, and cross-jurisdictional activity. Size: This is considered crucial since larger institutions
This chapter describes how money is created. Many people mistakenly believe that money can only be created by governments or central banks. But money today is mostly – but not exclusively – created by commercial banks. This chapter describes the ways i
health insurance CPI was massively adjusted downward for the next 12 months, making up for the overstatement in the prior 12 months. After this adjustment, the health insurance CPI month-to-month has been deeply negative, and dragged overall medical care services CPI into the negative...