Ascent of Money
Finish the quote, "With money, comes..."
What is power?
What is cotton?
Financial shortage when liabilities exceed assets/more is spent than earned.
What is a deficit?
Failure of the borrower to repay the loan or debt.
What is default?
The port city in the South that the Union took by force, which changed the trajectory of the Civil War.
What is New Orleans?
The country where bonds were born?
What is Italy?
The metal that the people of Peru mined for over 250 years.
Silver
Value of money now is worth more than the same amount of money in the future.
What is time value?
Date when a bond's principal is repaid to the investor.
What is the maturity date?
The lender portrayed as evil in Shakespeare's "The Merchant of Venice."
The country that had 12,000% inflation in 1989 due to the International Bond Crisis?
What is Argentina?
A securities tool that was used to raise money to finance wars, beginning in the 15th century.
What are bonds?
Combining two or more companies into one large company.
What is a merger?
An interest rate that goes up or down depending on the market rate.
What is a variable rate?
Finish the quote: "Stock markets are like soap bubbles, as we never know when they're going to..."
What is burst?
"I believe" in Latin is?
What is credo?
The battle that the Duke of Wellington had the Rothschilde family help raise funds for, in "hopes" that it would be a long battle.
What is Waterloo?
Financing for new business adventures and start-ups.
What is venture capital?
Value of money that can grow over time.
What is future value?
Millionaires were born in this country.
What is France?
A word that was meant as a crime if Christians performed it, but not if other religions (specifically the Jewish population) did it (and is now primarily used for excessive rates of interest):
What is usury?
The Spanish Conquistador that went to Peru to claim their wealth from the Legend of El Dorado (said to have vast amounts of gold and silver).
Who was Pizarro?
Interest paid on interest.
What is compound interest?
Raising capital thru the sale of stock.
What is equity financing?
John Law "laid low" when he was in trouble financially in which city?
What is Amsterdam?