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Thursday

  Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 9 The Real Economy in the Long Run Chapter 26 of 36 Saving, Investment, and the Financial System Section 4 of 25 … Bonds differ according to three significant characteristics, the bond’s 1· term 2· credit risk 3· tax treatment … 1· Term is the length of time from the date a bond is issued until the date it matures and must be paid back. Some bonds have short terms of a few months, while others have terms as long as 30 years. Long-term bonds are riskier than short-term bonds because holders must wait longer for repayment of principal. If a holder of a long-term bond needs money before the distant maturity date, the bond may have to be sold at a reduced price. In addition, long-term bonds are more affected by inflation: over time, rising prices reduce the purchasing power of the fixed interest payments and the principal that will be repaid in the future. To compensate for these two —price risk, and inflat...
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Wednesday

Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 9 The Real Economy in the Long Run Chapter 26 of 36 Saving, Investment, and the Financial System Section 3 of 25 … In the broadest sense, the financial system · moves limited resources of the economy · from lender-savers, people who spend less than they earn · to borrower-spenders, people who spend more than they earn Savers save for various reasons, including put a child through college or for retirement. Borrowers borrow for various reasons, including buy a house or start a business. Savers supply their money to the financial system expecting later they will get it back with interest. Borrowers demand money from the financial system knowing they will later be required to pay it back with interest. … The financial system consists of various financial institutions that coordinate money flow between savers and borrowers. Financial institutions are grouped into two categories: 1 · financial markets, direct fina...
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Tuesday

  Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 9 The Real Economy in the Long Run Chapter 26 of 36 Saving, Investment, and the Financial System Section 2 of 25 … Imagine you start your own business, an economic forecasting firm. Before you can produce and sell forecasts, you must incur substantial set-up costs. You have to buy computers, furniture, and various equipment. Each of these is a type of capital good your firm will use to create and sell forecasting services. Where do you get the funds to invest in the needed capital goods? Maybe you have enough savings to pay for all of them. More likely you do not have enough of your own money to finance your business startup. So, you have to get the needed money from other sources. … There are various ways to finance capital investments. You could borrow the money from a bank, friend, or relative. With this you promise return the borrowed money at a later date and also pay interest for use of the money....
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Monday

  Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 9 The Real Economy in the Long Run Chapter 26 of 36 Saving, Investment, and the Financial System Section 1 of 25 … Chapter 26 - Saving, Investment, and the Financial System - Topics Financial Intermediaries Key Numbers for Stock Watchers Saving and Investment in the National Income Accounts The Meaning of Saving and Investment The Market for Loanable Funds Supply and Demand for Loanable Funds Saving Incentives Investment Incentives Government Budget Deficits and Surpluses The History of U.S. Government Debt … saving and investment chochiku to toushi … … Grok chapter 26 summary: This chapter explores how the financial system coordinates saving and investment, linking them to key macroeconomic outcomes like capital accumulation, productivity, and long-run growth. …. The Financial System The financial system consists of institutions that: match savers — who supply funds with borrowers — who demand funds fo...
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Scot and Fumiko pictures and information

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  Fumiko Scot's information: Weight at 166 pounds, got to 160 pounds five years ago and have recently been bouncing between 163 and 168. Common sense ways to lose and keep off weight are eat right and light and get lots of exercise. Main exercise is walking, do 1~2 miles most days. Over career worked as a salesman in the steelmaking, fasteners, and auto manufacturing industries, lots of travel in U.S., Canada, Mexico, and Japan. Have visited every U.S. city with a major league, MLB, NFL, NBA, NHL, sports team except Sacramento, have gotten as close as Travis Air Force Base. Often traveled on Sundays, much time on the road so could not eat right and get enough exercise so got heavy, up to 200 lbs. Was on commission and made enough to retire early, able eat good food and get enough exercise. Now spend most time reading and writing. Our Wick branch goes back to the brother of owner of the Wick House at Morristown National Historical Park in Morristown New Jersey, and on back to Staine...
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HAT Manifesto Part 1/2 - Rubric Cube - 260405 edit

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  “The world we see that seems so insane is the result of a belief system that is not working. To perceive the world differently, we must be willing to change our belief system, let the past slip away, expand our sense of now, and dissolve the fear in our minds.” - William James “All experience has shown mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed.” - Thomas Jefferson “Wherever good fortune enters, envy lays siege and attacks it. And when it departs, sorrow and repentance remain behind.” - Leonardo da Vinci “Struggle is the indispensable accompaniment of progress. If men were entirely social, man would stagnate. A certain alloy of individualism and competition is required to make the human species survive and grow. Without qualities of an unsocial kind men might have led an Arcadian shepherd life in complete harmony, contentment, and mutual love. But in that case all their talents wou...
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