Question 1 Whenever the inflation rate is below the expected limit, the real interest rate increases to high levels than expected. For instance, the market equilibrium is expected to have a 3% real interest rate whenever marketers expect inflation to hit 4%. As such, the nominal interest rate tends to increase by up to 7%. However, if the inflation rate is 2%, the real interest rate is 5%, which is as a result of subtracting the 7% from the 2% inflation rate. In this case, the real interest rate is beyond the expected limit; thus, the leader tends to gain while the borrower loses. The Global Financial Crisis was characterized by homeowners who had invested in fixed-rate mortgages. However, in the mid-2000s, the homeowners having fixed mortgages lost to pay high-interest rates. On the other hand, banks that have had the mortgages benefited due to the low than expected inflation rates experienced in the markets. Expecting a higher inflation rate provides the best opportunity to align the mortgage rates. However, the difference between the variable rates and fixed rate is…

          ATF Regulations and Current Events Pushing to Change Them Student Institution Date                             ATF Regulations and Current Events Pushing to Change Them The gun violence burden is significantly high for the urban areas in America. Braga et al. (2012) observe that gunfire kills thousands of Americans annually, with hundreds of thousands more facing injuries and gun threats in assaults and robberies. The supply of firearms that fall into the wrong hands contributes substantially to serious gun violence. Statistics indicate that only one in six firearms used in crime was acquired legally, and a relatively small number of very active criminals commit most of the serious gun violence (Braga et al., 2012). Irvin et al. (2014) note that the current federal regulations and enforcement practices curtail the ability of the federal government to deter the sales of illegal firearms effectively by licensed dealers. Consequently, states have enacted their laws and established an additional layer to effect gun control oversight. The gun dealer procedures…

Name Supervisor Course Date Importance of Commercial Banking Commercial banks are an indispensable element of any functioning market economy. Commercial banks facilitate a transfer of payments in private households, companies, and government entities. As cash only plays a minor role in our everyday lives, banks organize a large part of our monetary dealings through electronic transactions. The purpose is for the exchange of economic goods and services for zero money or the settling of financial obligations. Companies pay wages, taxes, and contributions to social insurance systems suppliers’ invoices, and make other transactions. Electronically, private households transfer rents and pay their bills. Everything we pay is debited from our accounts. All of these money flows are made possible through the bank’s transfer of payments. Banks act as financial intermediaries for people and businesses that save money and those that also need loans. In this context, commercial banks fulfill several functions. Their most important tasks as intermediaries are the pooling of assets, maturity transformation, and the risk transformation for savers and providers of capital on the one side and borrowers and investors…

Merging Organization Culture The change management challenges For one, organization culture can become challenging to merge, especially for employees joining the mother organization. During such a change, the employees may find it challenging to adapt to the new culture or simply resist (Managing Change, 2009). Another concern is about retaining employees. A new organization may downsize the operation of the acquired firm to optimize performance. The organization will find it hard to retain the remaining workforce. The second challenge is that the quality of customer service and the competitive edge of the brand may vanish during such a change. This is because the new organization may become too big and lose touch with its customers. Customer’s concerns about the merger However, for customers of Canada Trust, an acquisition causes a change in the organization’s culture as they have to adapt to TD’s culture. The level of customer service may be affected because TD’s strength is not in customer service but enhancing sales and having a robust banking presence (Jackson, 2018). For one, Canada Trust’s branches have been reduced, which further…

The threats and the disadvantages of quantum computers and cybersecurity Introduction The development of new generation computers that can solve complex scientific problems depends on quantum mechanics to unlock every single digital vault globally. Quantum mechanics has been behind the idea of quantum computing which will be able to perform computations in seconds that have taken years for conventional computers. These computers will enable improved weather forecasting, logistical planning, financial analysis, a simplified approach towards searching for earthlike planets and discovering new drugs. However, despite this advantage that is presented by quantum computers, they will compromise bank records, passwords on computers and private communication globally. This compromise is because modern cryptography has been based on encoding data that is in large numerical combinations and quantum computers have the potential to guess these numbers instantly. Expectations on quantum computing will be revolutionary, as expected, however, so far and in the future, there are some threats and disadvantages on cybersecurity. The purpose of this paper is to assess the foreseeable and existing risks and disadvantages of quantum computers and cybersecurity. Quantum Computers…

Process of Enculturation to a subculture in a banking environment The enculturation process of a subculture involves a subgroup of a community learning groups culture through instruction observation and experience. The learning helps the subgroup to become fully assimilated in the community. Enculturation results in identity change in conformity with the community. Black African immigrants in America from multicultural backgrounds have had to develop several enculturation strategies to cope and navigate in multicultural America. Assimilation and separation and integration are the most common inculturation strategies by immigrants. Integration This is a cultural exchange where a subculture takes the practices and the beliefs of a community without discarding their own culture. This is necessary where the subgroup is intent on retaining the original religion while at the same fitting in well in socio-economic settings of their new environment. This is common in the United state with immigrant africans who speak their local language at home and watch Television networks that air programs in their local or vernacular languages. (Chavez-Korell et al.,2012)The immigrants are intent on preserving their original culture. Since some…

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Information about Infinite Banking As an individual that is aspiring to grow wealth, there are several different methods that can be used. One of the driving tools that you can use as an individual when trying to grow your wealth is infinite banking. Before we go any deep, you need to understand what infinite banking refers to for you to know the importance. The term infinite banking is a strategy that can allow you to take control of both your savings and debt needs. In most cases, people refer to infinite banking as a strategy that allows you to become our own bank.   Over the past few years, there have been a lot of speculations and rumors surrounding infinite banking. The main reason and theme in the rumors is the speculation that infinite banking s a scam. However, people that have used it in the past can say differently since they consider infinite banking as an idea rather than a scam scheme. The main reason why some people think of infinite banking as a scam is because it is…

Bank War and Mexican War Bank war The panic of 1837 lasted until the 1840s and significantly impacted the financial sector of the United States. During this period of the “killing of the banks,” Jackson’s economic policies were beginning to split the Democratic Party. The rush ignorance and self-willing acts of the most delicate people in the government resulted in the high prices and high rent, which produced strikes, trade-union conflicts, and labor riots, which were unprecedented by the people of the united states. Jackson’s reasoning for the “killing of the bank” was not discreet due to the following, Jackson presented a bill of renewal of the second bank charter to reduce banks economic power, which affected cotton farmers hence the low foreign demand of cotton by 17%. He also replaced two resistant secretaries of the treasury and decided that the federal government would not deposit its federal funds and used ‘pet ‘banks instead. These actions had continued worsening of the economy. The New Orleans banks begun to suspend specie payments resulting in paralysis of financial markets. Mexican war President…

Banking System in the Sharia and Saudi concerning the Western Introduction Banking is one of the critical sectors that determine the economy of a country. It is devoted to the holding of assets with monetary value for their clients. They invest the assets as a leveraged method of generating more wealth. The sector is governed by the regulations put in place by the central bank. It oversees all the activities of the banks. The industry includes control of banking practices by insurance companies, mortgages, government agencies, and credit cards. The core function of the bank is to hold financial assets. However, various banks, such as the Western and Islamic banking systems, have a different structure of how they operate. This depends on the country and the culture of the place of origin. Although there exist differences, several similarities still occur between the banking systems. Sharia Banking Islamic banking adheres to Islamic or sharia laws. The system has become more prevalent in regions dominated by the Muslim community (Alison, 2017). Islamic banking is implementing banking services in accordance with the Sharia…