19 Burst results for "Schwab Dot"

"schwab dot" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

01:49 min | 2 months ago

"schwab dot" Discussed on WNYC 93.9 FM

"You for tuning in. Support for NPR comes from member stations and from Progressive Insurance, home of the name your price tool, so drivers can see coverage options. At progressive dot com or one 800 progressive, price and coverage match limited by state law. Keeper, a secure password manager designed to protect what strong encryption against account takeover ransomware and cyber theft, used by millions globally, learn more at keeper NPR dot com and Charles Schwab, with a variety of financial planning options, from online tools to meeting with a financial consultant, Schwab works to make it easy to plan for tomorrow today, more at Schwab dot com slash plan. Its morning edition from NPR news, I'm Leila faldon, and I'm Rachel Martin good morning, The White House is hosting a day long conference on nutrition and hunger this week. This comes at a time when diet related chronic disease is a top cause of death in this country. And Paris Allison Aubrey is with us this morning to talk about the ideas on the table to combat that fact Allison good morning. Good morning, Rachel. So it became clear during the pandemic that people with chronic diseases, including diabetes and heart disease, they have worse outcomes from COVID, right? Let's talk about the role that diet plays. Yeah, well, what we eat plays a key role, Rachel. It's really a root cause of disease or can be researchers estimate that nearly 900 people die every day in the U.S. from diet related heart disease, for example, and millions more are at high risk considered diabetes about one out of every three adults in

"schwab dot" Discussed on KGO 810

KGO 810

01:48 min | 3 months ago

"schwab dot" Discussed on KGO 810

"Having a great time. Hope you are too. Stay with us for more on the truth about your future. Meet swab intelligent income, as simple modern way to pay yourself from your portfolio. Overcome the complexity of income needs in retirement with automated tech smart withdrawals that you can start stop or adjust at any time without penalty. Plus, ongoing monitoring, so you'll always know where you stand. And since lower fees means more money for you to invest, you pay no advisory fee. Available with Schwab intelligent portfolios. Visit Schwab dot com slash intelligent income, a modern approach to wealth management. Allow us to introduce you to Jeremiah, an ordinary person who helped shape the future by putting his money behind the right ideas. Jeremiah as always been a numbers guy. From his days competing in the high school math league to now, as the teacher who leads it, Jeremiah is also accessing the companies who are driving environmental innovations for the next generation by investing in invesco QQQ. Invesco QQQ is a fund that allows you access to innovators of the NASDAQ 100, which goes to show, you don't have to be a Helio seismologist to help push progress forward, become an agent of innovation, learn more at invesco dot com slash QQQ. There are risks when investing in ETFs, including possible loss of money, ETF's risks are similar to those of stocks. Investments in the tech sector are subject to greater risk and more volatility than more diversified investments in NASDAQ 100 index comprises the hundred largest non financial companies on the NASDAQ. You can't invest directly into an index before investing, consider the fund's investment objectives, risks, charges, and expenses visit invesco dot com for a prospectus with this information. Read it carefully before investing. The

"schwab dot" Discussed on KGO 810

KGO 810

01:50 min | 4 months ago

"schwab dot" Discussed on KGO 810

"Dot com. Next the truth ayf dot com. Stay with us for more. Here on the truth about your future. Need help managing the complexity of income needs to retirement? Meet Schwab intelligent income, as simple modern way to pay yourself from your portfolio. Tell them how much you need and how long you need it to last. They'll estimate how much you can spend. Plus, you can start stop or adjust payments anytime without penalty. And with Schwab intelligent portfolios, you won't pay an advisory fee. Visage Schwab dot com slash intelligent income to learn more about their modern approach to wealth management. What do all the greatest innovations have in common? Agents of innovation. Ordinary people who shape the future by putting their money behind the right ideas. Invesco QQQ is a fund that allows you access to innovators of the NASDAQ 100, so you don't have to be an inventor to help create what's next to come. Be an agent of innovation with invesco, QQQ. Learn more at invesco dot com slash QQQ. There are risks when investing in ETFs, including possible loss of money. ETFs risks are similar to those of stocks, investments in the tech sector are subject to greater risk and more volatility than more diversified investments. The NASDAQ 100 index comprises the hundred largest non financial companies on the NASDAQ. You can't invest directly into an index. Before investing carefully read and consider fund investment objectives, risks, charges, expenses, and more in the prospectus and invesco dot com. Invesco distributors Inc. Increased

"schwab dot" Discussed on NPR's Book of the Day

NPR's Book of the Day

01:35 min | 9 months ago

"schwab dot" Discussed on NPR's Book of the Day

"Hey, it's NPR's book of the day. I'm Andrew Limbaugh. You only leave home when home won't let you stay. That's a line from Morrison Shire. A Somali British poet who's out with her first collection titled bless the daughter raised by a voice in her head. That particular line comes from a poem she wrote after visiting Somali refugees, living in Italy. And it really captured this feeling of being forced to leave your home of, being chased out with a gun at your back. Of course, this feels extra relevant today with the war in Ukraine. But honestly, there isn't a time when it sadly isn't relevant. Shia tells NPR Sarah mccammon about how she had to flee from Mogadishu when she was a year old. And what it's like carrying the weight of that. But also about how writing helped her get through some difficult moments. This message comes from NPR sponsor, Charles Schwab, with their original podcast choice allergy. Choice ology is a show about the psychology and economics behind our decisions, download the latest episode and subscribe at Schwab dot com slash podcast. Support for NPR and the following message come from jobs Ohio. Say yes to more, more options, more opportunities, more paycheck. That's what you'll find in Ohio, where the economy is booming, upward mobility is rising, and affordability is the name of the game. Visit find your Ohio dot com. You might know Somali British poet worsen shires work from her published chapbooks or the popular tumblr account she maintained for a few years, but you'll likely.

"schwab dot" Discussed on KGO 810

KGO 810

02:04 min | 10 months ago

"schwab dot" Discussed on KGO 810

"Google They're also videos guides and other helpful tools Plus investment professionals 24/7 to answer your questions To see the current top 5 stocks and learn more about the Schwab starter kit go to Schwab dot com slash starter kit Choice is changing the way Americans save for retirement by making it possible to invest in Bitcoin crypto and other alternative assets inside your IRA That's right when you open both the deductible and a Roth IRA with your choice account you can buy real Bitcoin and or any of 22 other digital assets in your choice account you can also buy stocks Mutual funds ETFs gold real estate you name it all in a single retirement account There's no hidden fees or account minimums and you get more control over your retirement savings You can also access choice via your financial adviser So if you have a professional managing your money tell your adviser to get set up with choice so they can help you access Bitcoin and other alternative assets in your retirement account Head on over to retire with choice dot com slash Rick That's retire with choice dot com slash Rick The information you need to plan for the tomorrow you want This is the truth about your future with Rick Edelman Progressive presents Forrest metaphors About bundling your home and auto and sports three goals is a hat trick And when you bundle your home and auto with progressive you get a hat trick of great savings and round the clock protection So you might be thinking wait that's two things A hat trick is three but in this Manafort great savings counts as two goals and so does round the clock protection So it's like four goals and that's more than three It's basic math Forrest metaphors presented by progressive bundle and protect today progressive casualty insurance company affiliates discounted available in all states or situations Hi Doug Andrew here For questions Did you or someone you know lose money in the market in 2008 Do you think a crash like that will happen again Do you want to have.

"schwab dot" Discussed on Planet Money

Planet Money

02:21 min | 1 year ago

"schwab dot" Discussed on Planet Money

"Include his name. You never know until you sit down to write what's going to come out. After the break? A new holiday classic is born. Boys and Friends in my knees. This message comes from in PR sponsor Charles Schwab. Last year taught us, we don't know what tomorrow holds. But Schwab knows that successful financial planning can help propel net worth by 2.7 times. Find easy, flexible planning options and more at Schwab dot com slash plan. Support for this NPR podcast and the following message come from Intuit QuickBooks live, with a major advancement in small business bookkeeping, having someone else do your books for you right from your laptop, get started with a trusted live expert who understand your business today by visiting QuickBooks dot com. Can you hear this piano here if I plan? So I can just do a little I can kind of plank it out. After a little over a week, Leo was ready to demo his new cash Carol for us. Hopefully this was the beginning of making it less of a bummer to get cash as a present. Okay, so here we go. Once again, it is the season feel the spirit in the air. Offer a thoughtful gesture to show how much you really care watch the children with excitement see the sparkles in their eyes tearing paper off their present hoping for a fun surprise well he is.

"schwab dot" Discussed on Business Wars

Business Wars

04:52 min | 1 year ago

"schwab dot" Discussed on Business Wars

"January 2011, Davos, Switzerland. Research in motion CEO, Jim Bosley is in this mountain town where the global elite gather for the annual World Economic Forum. He's sitting in the back seat of a limo on the way to a dinner to celebrate the launch of a new think tank with billionaire George Soros. So far, falsely has been enjoying the trip, it's a much needed distraction from stressing out about BlackBerry's declining U.S. sales. But this moment of calm won't last long. He feels his BlackBerry buzzing. It's rim's legal counsel, karima Bauer. Jim, we've got some news from Egypt. Baltimore takes a deep breath. He knows protesters have been marching through the streets to demand president Hosni Mubarak stepped down. Talk to me what's happening. Apparently, tons of protesters have been using BBM to organize. Falsely nods. BBM is BlackBerry's internal messaging system that lets users send free messages. Normally, messaging in the Middle East can be costly and easily accessed by state agents. But BBM messages are encrypted. BlackBerry has been losing traction in the U.S., but this secretive messaging system has allowed it to thrive abroad. Go on. Well, I just got a call from Egypt's head telecom regulator. They're pulling the plug on BlackBerry service until we hand over the encryption keys for emails and messages. Baldly exhaled sharply. His chest Titans, Egypt is one of our fastest growing international markets. We can't risk getting it shut down. If we do our stock price will tumble. But what happens if we hand over the encryption keys? Bauer passes. Well, if we give up the encryption keys, we're putting these protesters at risk of imprisonment. Or worse. Malta Lee looks out the window at Davos snow covered sidewalks, where sleek, black limos ply the streets. What's our legal standing and denying the government access to messages? If police want access to emails, they need a warrant. Ditto with foreign governments. We don't have to give them access unless they demonstrate a legal right. Baldly, weighs the options. Lose one of rims fastest growing markets just as American users are ditching BlackBerries. Or potentially subject Egyptian protesters to Mubarak's brutal security forces. Let me make some calls and get back to you. Baltimore spends the next few hours outside the restaurant on his BlackBerry, calling various rim executives. Eventually, he reaches a decision. Bosley is going to close rims Egypt service, rather than give up the user's messages. Luckily for rim, the next day, the Egyptian government shuts down all cell phone carriers. BlackBerry isn't singled out and rim dodges a bullet. But its problems are about to reach global proportions. Our sponsor total wine is a Wonderland for wine, spirits and beer lovers. You gotta try their festive favorites. Toast the season with winter seltzers and flavors like hot chocolate, maple pancake and apple cinnamon, with 8000 wines 4000 spirits in 2500 beers, there's always an excuse to gather with a glass and the people that you love. At total wine, you can try all the best pairings for your Thanksgiving Day table from savory honey ham and a sip of Merlot to apple pie with Riesling. And you always need great gift ideas, right? So here's one. The top 20 wines of the year makes standout gifts for everyone on your list. Explore total wide in store online or on their app, spirit's not available in Virginia or North Carolina. Decisions made in Washington affect your portfolio every day. But what policy changes should investors be watching? Listen to Washington wise investor to hear the stories making news right now, host Mike Townsend, Charles Schwab's vice president for legislative and regulatory affairs takes a nonpartisan look at the stories that matter most to investors. Mike and his guests offer their perspectives on how policy changes could affect what you do with your portfolio. Download the latest episode and follow it Schwab dot com slash Washington wise or wherever you listen. From.

rim Jim Bosley Egypt karima Bauer president Hosni Mubarak Malta Lee Davos World Economic Forum George Soros Baltimore U.S. Switzerland Egyptian government Titans Middle East Bauer Jim Bosley Mubarak apple
"schwab dot" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

02:25 min | 1 year ago

"schwab dot" Discussed on WNYC 93.9 FM

"Long a digital reflection tool that allows teachers to check in with students so that they feel known and understood designed to help teachers know each student more at a long dot com and Charles Schwab with a variety of financial planning options from online tools to meeting with a financial consultant Schwab works to make it easy to plan for tomorrow today More at Schwab dot com slash plan Coming up on 7 38 this morning this is morning edition on WNYC on Michael hill and with me today is reporter and editor Nancy Salomon Tomorrow is the last day of the fall pledge drive we're raising money that keeps the station coming to you We've been through a whole lot together over the past couple years at the start of this pandemic We did tell you we would be here for you throughout we're still here and we will continue to be here but we can only keep this work up with your support Listener support is carrying WNYC like never before and going forward will depend even more on your support were asking you for a small ongoing monthly contribution we call it sustaining membership You can give now by calling 8 8 8 three 7 6 9 6 9 two or going online to double you NYC dot org and Nancy that red donate button there is easy to find Right in going to the website gives you also the opportunity to see the various thank you gifts we have what level you play jet You get certain options and we have a special deal this morning If you give it any amount and you to become a sustaining member you put that on your credit card you pay it monthly it could be a very small amount and it all adds up and helps us and for any amount this morning you could get a 12 ounce ten of fair trade coffee that is specially roasted for WNYC by the good people at the Brooklyn roasting company thanks to them for doing this for us And you could get the coffee for any pledge level this morning until ten o'clock that's the only time this coffee is going to be available for the rest of the drive And if you want you could pick a thank you gift for a pledge level And then add the coffee as a bonus so if you were to say to pledge $15 a month that makes you eligible for a New Yorker.

"schwab dot" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

01:48 min | 1 year ago

"schwab dot" Discussed on WNYC 93.9 FM

"Support for NPR comes from member stations and from CrowdStrike CrowdStrike's falcon platform uses their threat graph to analyze behavior on devices servers in cloud workloads to find threats and stop them More at CrowdStrike dot com slash ransomware Charles Schwab with a variety of financial planning options from online tools to meeting with a financial consultant Schwab works to make it easy to plan for tomorrow today more at Schwab dot com slash plan and committed to delivering transformative healthcare solutions for women and families Japan believes that where women live should not determine if she lives more at JHP IE dot org Later on morning edition on WNYC a WNYC investigation has found ties between dozens of police officers and members of the military in New Jersey to a right wing extremist group allegedly involved with the deadly January 6th attack on the U.S. capitol We'll have that story Later this hour Mostly sunny today with a high near 76 sounds like it's going to be another beautiful day out there a little above normal temperature wise but right now we're glad you're with us for the second day of our fall fund raising drive here on New York public radio You can give it WNYC that work or call 8 8 8 three 7 6 9 6 9 two it is our fall pledge drive as we call it.

"schwab dot" Discussed on KCRW

KCRW

08:53 min | 1 year ago

"schwab dot" Discussed on KCRW

"Is NPR news. Support for NPR comes from NPR stations. Other contributors include Charles Schwab, with a variety of financial planning options from online tools to meeting with a financial consultant. Schwab works to make it easy to plan for tomorrow today more at Schwab dot com slash plan. Yeah. Mhm. Ladies and gentlemen, we do appear to be having technical difficulties here at K C. R w we will return to press play in just a moment. Mm. Mm hmm. Mm hmm. Uh huh. Mm hmm. Uh huh. Mm hmm. All right. Yeah. Mm hmm. Mm. Mhm. Yeah. This is KCRW. And you will believe, joining press play now in progress.

"schwab dot" Discussed on WBEZ Chicago

WBEZ Chicago

08:50 min | 1 year ago

"schwab dot" Discussed on WBEZ Chicago

"More at Schwab dot com slash plan. This is fresh air. I'm Dave Davies in today for Terry Gross. Most of us take commercial plane flights from time to time, and we've come to accept the annoyances of air travel. Tight seats. Flight delays turbulence, Our guest writer T. J. Newman has written a thriller about a flight from Los Angeles to JFK Airport. Where the problems are far more serious. The pilot learned shortly after taking off at a terrorist has taken his wife and Children captive in their home, and the pilot has a choice. He must crash the airplane when instructed, or his family will die. The pilot enlists the help of a veteran flight attendant to try and foil the plot, and the action is tense and fast moving. It's the first novel by Newman, who spent 10 years as a flight attendant at times working on the story in quiet moments on red eye flights. She studied musical theater at Illinois Wesleyan University and pursued that as a career in New York before taking to the skies. Universal has already purchased the film rights to her book called Falling T. J. Newman. Welcome to Fresh Air. Thank you so much. It's wonderful to speak with you. So, um, did the idea for this story have a don't know a starting point in your experience as an attendant it did. And the starting point. Fittingly, um, came to me when I was at work working a flight. Um, it was red eye. It was from Los Angeles to New York. The flight that is also the flight in the story and I'm standing at the front of the cabin and I'm looking out at the passengers who are all asleep. Like I said, as a red eye cabins dark, it's cold. It's quiet. And I have this thought that their lives my life. My crew mates lives were all in the hands of the pilots. It was the first time that I thought With that much power and responsibility. How vulnerable does that make a commercial pilot? And I just I couldn't shake the thought. And several days later, I was working a different trip with a different set of pilots. And one day I just threw out to the captain that I was with. What would you do if your family was kidnapped? And you were told that if you didn't crash the plane they would be killed. What you do. And the look on his face terrified me. Because I knew he didn't have an answer. And I knew I had the makings of my first book. You open the book with this pilot, whose name is Bill Hoffman having a nightmare about an airborne emergency where there's an explosion on the plane, and he's in the back and You know, he he knows it's his job to get up there and get the plane under control and guided to safety and it's it's he he wakes up and things are going very, very badly. Do you know if pilots have these nightmares or did you They do. That's actually a very common thing. Pilots have recurring nightmares, and I actually asked a lot of pilots. What kind of Knight minister I have, and it was Really incredible to see sort of the common threads that that went through these dreams and sort of the themes that went through these dreams Also, and one of the themes that really seemed to stand out was that Lack of control. That inability to do what they needed to do to handle the situation. And so that kind of shaped that opening sequence and and what bills you know. Biggest fears were Did you have nightmares yourself? I did, but most of them were more flight attendants also have this running joke that will be dead asleep and all of a sudden wake up and go. Oh, darn it. I forgot to bring that ginger ale to that guy in seven Echo like it happens all the time. Um, so this story begins with the pilot actually gets I guess his phone he sees his family being held captive by this. Kurdish nationalist who says you're either going to crash the plane or I'm going to kill your family. But the plot really takes off from there. And there are things that happen in the cockpit and things that happen in the cabin that involved the crew and then things that happen on the ground involving FBI agents, and it gets pretty intense. There's a moment where the the experienced flight attendant among the three who somehow I picture being your voice. Maybe it is. Maybe it isn't. Um, tells the rookie who's thinking. Oh, gosh, this is terrible. What are we gonna do? I'll just serve the drinks while you guys do the serious work. And then the experience and says, no, no, no Serving drinks is not our jobs. This is this is a real credo of yours, isn't it? It is, And it's um There's a misconception that flight attendants are on board for service that were there. Just bring you food and drink. And that's just not true. Flight attendants are onboard for safety and security and to be medical first responders period. Service is just something that we provide. And it's been really, really nice to hear so many people say, I guess I never made that connection. And I always tell them I'm like, Yeah. If flight attendants were on board a plane just to bring you a drink, I promise you, they would have replaced us with vending machines a really long time ago. And if you're having a heart attack, I'm not going to bring you a diet coke. I'm going to bring the defibrillator and I'm going to shock your heart. And that's really kind of an angle of flight attending that. It's just not portrayed most of the time, and I'm very proud of the way that flight attendants are portrayed in this book, and it's very satisfying to hear The response to it is very positive. Then I have to say for those of us who take flights which are are routine and uneventful. What we see you doing is in fact serving us. Which has never struck me as terribly easy actually going up and down these aisles while the plane this bumping and young and trying to do the job, um what kinds of dangerous situations are you trained for? And how do you practice them? If all you see us do is a beverage service. That's a great day at work because that means that we're not actually doing our job because we Have training and everything from Hazmat to hijackings to medical situations to turbulence to mechanical issues. I mean, we go through and extensive training program and then every year we go through recurrent training program that is multiple days and has online components as well. We have a manual. That's you know, 800 pages long, and we just know it backwards Self defense. We have a big unit in self defense that were trained with And then there's also supplementary self defense training that the T s A and the FAA provides a flight attendants want To attend that service is something that is barely even touched on in initial training. It's just not what we do. That's not what we're there for. But like I said, if that's all you see us doing, that's that's a great day. That means I'm not actually doing my job. I'm just delightfully providing service. So can you share with us the most the scariest thing that's happened to you and in flight One of the scariest things was I had a passenger had to have a complete psychotic break, and it wasn't enough of a medical emergency or of physical threat that we diverted. What it meant was that we had to handle this passenger who at any moment could turn violent could turn Who knows what out of, you know, in a pressurized tube with hundreds of people going, you know hundreds of miles an hour, and I think that it was that sustained tension for hours while we just tried to manage the situation that Is that's just one story of so many that are like that. I mean the margin of air when you're on a plane, and you're on a flight is so small and even something as small as, uh, You know, someone having a psychotic break? What could be considered.

Bill Hoffman Los Angeles Dave Davies T. J. Newman New York 10 years 800 pages Newman FBI Terry Gross Universal FAA Echo first novel first book hundreds of miles an hour JFK Airport one story hundreds of people Schwab
"schwab dot" Discussed on What Next | Daily News and Analysis

What Next | Daily News and Analysis

07:22 min | 1 year ago

"schwab dot" Discussed on What Next | Daily News and Analysis

"Nonpartisan look at the stories that matter most to investors including the biden administration's policy initiatives for retirement savings taxes trade energy and other key areas national debt the federal reserve and how regulatory developments can affect companies sectors and even the entire market. Mike and his guests offer actionable insights to help you make sound financial decisions. Download the latest episode and subscribe at schwab dot com slash washington wise. Or wherever. You listen all right. We ready fuck. Yeah let's go let's go. Let's early june. There was this conference in miami. You can probably tell from that clip. This was not a buttoned up kind of thing. It was called bitcoin. Twenty twenty one and a guy named jack. Mallards was on stage in a hoodie. A baseball cap pacing back and forth talking about salvador that a huge problem of financial inclusivity and providing their citizens with basic human freedom. Maller is created an app. Cheap international bitcoin. Transfers like then mo but for crypto. And he's part of this group of experts working on the bitcoin experiment in el salvador. And he's been living in of sunday for about three months he's from chicago. Looks very young. Loves to swear whenever possible talks a lot about the kind of inequities in the global financial system of heard him talk about how when stimulus checks were cut in the us that people in el salvador got all of the inflationary effects of those stimulus checks. But none of the actual stimulus they're all salvador receives around be north of five billion closest six billion dollars a year in remittances that are sent back from the roughly two million salvadorans that are living in in the united states in his app. That he's designed which is called strike. Would it allows people to do is send almost like a pay pal. Transfer across borders using bitcoin for pennies. Mallards is just one of the expats. Who's been preaching the virtues of bitcoin el salvador a country that currently uses the us dollar as its currency. Another one is michael peterson. The man who got the whole bitcoin beach idea off the ground peterson. I came to l. sante seventeen years ago on a surfing trip. And over the years he began dividing his time between the town and his home in california he and his wife started volunteering in asante funding small development groups and church projects and then two years ago he got a mysterious proposition about too early two thousand eighteen. He was introduced some to someone who told him listen. We have this donor. Who has given us a bitcoin to carry out development projects with and we really don't know what to do with it and he said to him. Would you like to meet this. And michael said going to hear him out so has a meeting expects to meet the donor in california ends up sitting across the table from the adviser to donor still doesn't fully know who the donor is so during this meeting. He's told the donor has a cache of bitcoin but instead of cashing out the bitcoin he wanted to use it to fund a project in which bitcoin would be used to create kind of circular economy and he was invited to submit a proposal for asante. He he tells it he went back to his wife and he said you know. This is such a preposterous idea. That has to be true. It can't be a scam. And so he said okay. We're if we're gonna do this. We're gonna do it the whole town and we're going to do try to get all businesses to accept bitcoin. We're gonna get Develop a way for people to traded amongst themselves and page other pay bills everything in bitcoin. Peterson's idea economy where bitcoin just cycle through the town like a closed loop not until the pandemic hit and the town's tourist economy crashed peterson local colleagues. We told their idea and decided to just give bitcoin away. It wasn't much as thirty five to fifty dollars worth of bitcoin month. To about five hundred families they start going to the businesses and saying like we have this. Bitcoin you can. We spend it on staple goods. The businesses start to see this demand for bitcoin and they go to the bitcoin beach people and they start to say. How do we do to start to accept bitcoin transaction civil from that point it really just took off like he starts to see it grow out of the town and more and more people coming now have now at this point something around ninety percent of of the households in the in the town interact with bitcoin on regular basis about four dozen or so businesses that are accepting it in this. Little town is pretty. It's pretty remarkable. How far along. It's come in such a short time. It sounds almost like you're saying that. They took this supply of bitcoin and and created a demand. I think that's exactly right. Yeah and i think that. The pandemic really heightened the speed at which they could do it because there was a lack of other income coming in from the tourist economy and so for some of these people who has a lot of what they coming in as as income was what they had to spend. Even though no money was coming in from tourism. The bitcoin gift the people on town could buy things from one another and once. Bitcoin took off until sunday. Peterson decided to make an app for people in town to hold a news bitcoins more easily. He worked with a company in california to make a custom app which they named bitcoin beach. One thing you mentioned in your story is that for people in the us or other developed economies that. Bitcoin might seem like an ideology or a way of thinking about the international financial system but that bitcoin beach. These guys are hoping to solve problems. Tell me a little bit about the problems they wanna solve. I'd met a woman that has a small pizza shop and she told me she has six children for them have migrated to the. Us has four children living in the us consistently. They were sending money back to her. This was before the project. She was regularly having to go spend as much as day taking a bus to the local town. Where the closest town that had an actual officer bank where she could collect the remittance paying huge fee for especially if it was a small amount of money to actually pick it up and then you know leaving her business and leaving that income that she could have gotten behind while she went while she took the bus into town to get the remittance. She started using bitcoin and should been able to save so much that she starts really started using using it to send money to her child in the us rather than get money back so that's just an example of one the remittance question You know the time that it takes two to go in pick it up the fees that are associated with it and pro the problems that these. The these organizers are trying to solve in using.

michael peterson Mike california chicago miami el salvador michael six children fifty dollars two million seventeen years ago two four children two years ago thirty five early june peterson Maller schwab dot com one
"schwab dot" Discussed on Slate's If Then

Slate's If Then

07:22 min | 1 year ago

"schwab dot" Discussed on Slate's If Then

"Nonpartisan look at the stories that matter most to investors including the biden administration's policy initiatives for retirement savings taxes trade energy and other key areas national debt the federal reserve and how regulatory developments can affect companies sectors and even the entire market. Mike and his guests offer actionable insights to help you make sound financial decisions. Download the latest episode and subscribe at schwab dot com slash washington wise. Or wherever. You listen all right. We ready fuck. Yeah let's go let's go. Let's early june. There was this conference in miami. You can probably tell from that clip. This was not a buttoned up corporate kind of thing. It was called bitcoin. Twenty twenty one and a guy named jack mallards was on stage in a hoodie baseball cap pacing back and forth talking about salvador that a huge problem of financial inclusivity and providing their citizens with basic human freedom maller is created an app cheap international. Bitcoin transfers like then mo but for crypto. And he's part of this group of experts working on the bitcoin experiment in el salvador. And he's been living in of sunday for about three months. He's from mayo. Looks very young. Loves to swear whenever possible talks a lot about the kind of inequities in the global financial system of heard him talk about how when stimulus checks were cut in the us that people in el salvador got all of the inflationary effects of those stimulus checks. But none of the actual stimulus they're all salvador receives around be north of five billion closest six billion dollars a year in remittances that are sent back from the roughly two million salvadorans that are living in in the united states in his app. That he's designed which is called strike. Would it allows people to do is send almost like a pay pal. Transfer across borders using bitcoin for pennies. Mallards is just one of the expats. Who's been preaching the virtues of bitcoin el salvador a country that currently uses the us dollar as its currency. Another one is michael peterson. The man who got the whole bitcoin beach idea off the ground peterson. I came to l. sante seventeen years ago on a surfing trip. And over the years he began dividing his time between the town and his home in california he and his wife started volunteering in asante funding small development groups and church projects and then two years ago he got a mysterious proposition about too early two thousand eighteen. He was introduced some to someone who told him listen. We have this donor. Who has given us a bitcoin to carry out development projects with and we really don't know what to do with it and he said to him. Would you like to meet this. And michael said al's going to hear him out so has a meeting expects to meet the donor in california ends up sitting across the table from the adviser to donor still doesn't fully know who the donor is so during this meeting. He's told the donor has a cache of bitcoin but instead of cashing out the bitcoin he wanted to use it to fund a project in which bitcoin would be used to create kind of circular economy and he was invited to submit a proposal for asante he he tells it he went back to his wife and he said you know. This is such a preposterous idea. That has to be true. It can't be a scam. And so he said okay. We're if we're gonna do this. We're gonna do it the whole town and we're going to do try to get all businesses to accept bitcoin. We're gonna get Develop a way for people to traded amongst themselves and page other pay bills everything in bitcoin. No one was that peterson's idea economy where bitcoin just cycle through the town like a closed loop not until the pandemic hit and the town's tourist economy crashed peterson local colleagues. We their idea and decided to just give bitcoin away. It wasn't much as thirty five to fifty dollars worth of bitcoin month. To about five hundred families they start going to the businesses and saying like we have this. Bitcoin you can. We spend it on staple goods. The businesses start to see this demand for bitcoin and they go to the bitcoin beach people and they start to say. How do we do to start to accept bitcoin transaction civil from that point it really just took off like he starts to see it grow out of the town and more and more people coming now have now at this point something around ninety percent of of the households in the in the town interact with bitcoin on regular basis about four dozen or so businesses that are accepting it in this. Little town is pretty. It's pretty remarkable. How far along. It's come in such a short time. It sounds almost like you're saying that. They took this supply of bitcoin and and created a demand. I think that's exactly right. Yeah and i think that The pandemic really heightened the speed at which they could do it because there was a lack of other income coming in from the tourist konami and so for some of these people who has a lot of what they coming in as as income and was what they had to spend. Even though no money was coming in from tourism. The bitcoin gift the people on town could buy things from one another and once. Bitcoin took off until sunday. Peterson decided to make an app for people in town to hold a news bitcoins more easily. He worked with a company in california to make a custom app which they named bitcoin beach. One thing you mentioned in your story is that for people in the us or other developed economies that. Bitcoin might seem like an ideology or a way of thinking about the international financial system but that bitcoin each these guys are hoping to solve problems. Tell me a little bit about the problems they want solve. I'd met a woman that has a small pizza shop and she told me she has six children for them have migrated to the. Us has four children living in the us consistently. They were sending money back to her. This was before the project. She was regularly having to go spend as much as day taking a bus to the local town. Where the closest town that had an actual officer bank where she could collect the remittance paying huge fee for especially if it was a small amount of money to actually pick it up and then you know leaving her business and leaving that income that she could have gotten behind while she went while she took the bus into town to get the remittance. She started using bitcoin and should been able to save so much that she starts really started using using it to send money to her child in the us rather than get money back so that's just an example of one the remittance question You know the time that it takes two to go in pick it up the fees that are associated with it and pro the problems that these. The these organizers are trying to solve in using.

michael peterson Mike california miami michael el salvador six children seventeen years ago two million two fifty dollars two years ago mayo four children thirty five early june Peterson one schwab dot com united states
"schwab dot" Discussed on KCRW

KCRW

01:56 min | 1 year ago

"schwab dot" Discussed on KCRW

"Ships NPR NEWS New York Support for planet money comes from Charles Schwab. Charles Schwab is committed to offering a modern approach to wealth management with personalized financial planning to meet an investor's specific needs. Learn more at Schwab dot com slash plan. This is NPR news and you are listening to morning edition right here on KCRW. KCRW. Sponsors include Tiktok, presenting the any eligible variety Special rat itude. The Tiktok musical, featuring work by Sound editor and Mixer, Michael J. Moritz, Junior and editor, David Bengali more at gratitude sickle dot com Support for NPR comes from data. I cou an artificial intelligence platform committed to bringing data driven decision making to every industry, every business challenge and every team. More data I cou dot com and from Atlassian acres of teamwork software like Jiro confluence in Trillo committed to moving work forward for millions of people, thousands of teams and hundreds of the fortune 500 Atlassian dot com. KCRW sponsors include Wells Fargo, They're open for Business fund is committed to helping women and diverse owned small businesses in L. A rebuild from the pandemic more at stories dot wf dot com slash California. I'm Josh Barrow, host of Kcrw's signature political roundtable, left right and Centre dig into the policy and governing that's going on in D. C right now with me and my panel every week on left, right and center on air and in your podcast feed every Friday from KCRW. Mm hmm..

"schwab dot" Discussed on KCRW

KCRW

01:32 min | 1 year ago

"schwab dot" Discussed on KCRW

"Vanek Smith, Sally her ships NPR NEWS New York Support for planet money comes from Charles Schwab. Charles Schwab is committed to offering a modern approach to wealth management with personalized financial planning to meet an investor's specific needs. Learn more at Schwab dot com slash plan. This is NPR news, and you are listening to KCRW. KCRW Sponsors include Julia presenting pen 15, starring Maya Erskine and Anna Konkle, playing versions of themselves as 13 Year old outcasts in the Year. 2000 Emmy Award eligible in all comedy categories Learn more at f Y c dot hello dot com. Yeah. A crisis is building in Afghanistan. Taliban insurgents are targeting Afghan citizens who helped us forces coming up, you'll hear from one man who's lost members of his family and fears for his life. Every day. You're listening to KCRW and this is moments of serenity. Travel doesn't have to be stressful. Consider taking a journey.

"schwab dot" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

03:12 min | 2 years ago

"schwab dot" Discussed on WBZ NewsRadio 1030

"You go on Schwab dot com Right now, Right on your phone if you want But yet you don't have to figure out all how should I invest on retirement in three years? I don't want to be too aggressive. I don't want to be too conservative. And then the next thing is, Should I buy individual stocks and bonds? Should I invest in mutual funds that I invest in E. T s It's such a huge amount of decisions to make. We do all that for you. And then even after the portfolio was set up. That's just the beginning. Because then we advise. We actually manage the money because I mean, just look at the past 12 months. The market's up, Then it's down that it's up. Then it's down all should I sell out of everything, or should I buy more stocks when it's down? I don't know what to do. Well, you know, I'm going to need my money in two years. When I retired people just don't have a good Clear understanding on how they should first of all set up their money. And when they should make changes, and as an act of manager we go in and re re balance the accounts. We might change the waiting's a different investments and what we're doing all that we're not receiving any revenue from Schwab. We're not receiving any revenue from the underlying investments and swab. It's a real partnership. We just charge a small fee 1% per year based on our client's accounts. And if you understand that relationship, I say this every week, but it's so important if I were fees based on our client's values, what we both want. We want the value to go. So we're not gonna make a change in their accounts. If we don't think it's going to help them because it's not gonna help us. It's not like you just handing it off with no control. Where, of course, managing it for you. But of course you're right there with us. And you, You look at the accounts on Schwab and you know what's going on. But you know are the idea is to know that It's a partnership. And the only reason for us to make any changes is to help you because the only revenue we receive in the investment advisory is just that 1% feet. And the nice thing is because you have such support. It's you can explain. Hey, here's our recommendation. This is and and run everything through and then you have people that are doing all the paperwork and everything. Yeah, it's like when you hear that, So exactly, And when you think about that, if our revenue in the hour Whole backbone, and the investment advisory is the fee based 1% per year. So we have no incentive our allegiance for any of the investments inside Swan. In other words, you know we use no load mutual funds in exchange traded funds. But I only incentive is to make sure that we have choosen. What we feel is the absolute best investments for you. So we've talked about that before being able to describe that as Allowing you to be totally unbiased with your decisions for the investment products or the that what you're choosing to put people in. It allows you to step back and just go. I've got no incentive here other than Of right performance, right? And that is what you're judging it by taking a look at it. All right. Well, we've got a lot coming up again. Our number is 1 809 089334 will be back right after this. Do you have.

Schwab
"schwab dot" Discussed on Heartland Newsfeed Radio Network

Heartland Newsfeed Radio Network

05:20 min | 2 years ago

"schwab dot" Discussed on Heartland Newsfeed Radio Network

"This episode is sponsored by schwab dot com. What are you having for dinner tonight. good question schwann's home. Delivery has the solution for you. Stock up your freezer with high quality frozen foods like premium meats insides delicious ready made meals ice cream and more no subscriptions no memberships just a friendly yellow truck. That's been delivering food for almost seventy years listeners. Of this show will deal get twenty percents off your first order with code yum twenty. Checkout dot com backslash yum for details. here's to the innovators. The makers the doers and the hustlers with facebook elevate you can grow your business. Build your online presence kick. start your career or turn your passion of creating content into a reality. Facebook elevate is a program that provides free digital marketing courses and one on one coaching from experts. That can help you grow your business. Click the banner to start now facebook. Elevate.

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What Surfing Can Teach Us About Risk

The Indicator from Planet Money

09:34 min | 3 years ago

What Surfing Can Teach Us About Risk

"Big wave. Surfer. Big wave surfing, usually means riding waves bigger than about twenty feet high in Bryan has been surfing for a really long time right now. I am fifty eight years old, and I've been surfing fifty eight years. So my dad took me out when I was three months old, the summer after Brian finished high school. He was a lifeguard at a beach, when he saw a surfer wipe out on a massive wave. The surfer was struggling to stay afloat and Bryant tried to swim out towards the surfer to save him. But he just couldn't get close enough each wave get hitting them in hell holding on the water, and he kept popping up and screaming for help, and he survived full waves. And we kept screaming back and forth when the fifth wave came hit him. He's gone never found his body, but till is there, I still hear his voice, I sees face. I sees is, you know, so I it's kind of lost that you wish you coulda done something. But you couldn't you know at that time Brian never forgot that. And they never stopped thinking about ways to make surfing safer in years later, it was Brian himself who I take out on a massive sixty foot wave. He's arrived. He was fine. But he had a realization that day one that chair. Changed the sport of surfing forever. This is the indicator from planet money. I'm Carcione and I'm Stacey Smith the way that Brian changed. Surfing offers a surprising lesson for how all of us non surfers deal with risk. Support for this podcast and the following message come from Charles Schwab, when it comes to your money, Schwab believes asking questions can lead to better outcomes. Do you know how much you're paying and do you get your fees back if you're not happy, ask your broker, then visit Schwab dot com slash comparis-. Support also comes from Jimmy, the regulated exchange making it easy to add bitcoin, and other crypto currencies to your portfolio. Protecting your investments with oversight and state of the art cybersecurity open a free account at Jim ni- dot com slash indicator. Alison Schrager, is an unexpected guide to the history of surfing. She isn't economists to studies risk view ever surfed. No. Allison writes about the history of big wave surfing in her new book and economists walks into a brothel and other unexpected places to understand risk to Allison, the history of surfing is about how technologies that are designed to make the world safer in less. Risky can have the unexpected result of sometimes making it more dangerous more risky in the early days of big wave surfing around the nineteen forties, and nineteen fifties surfers had to be really fantastic swimmers and Allison says that was because back, then if you lost your surfboard in wipeout, you had to keep yourself above water without it. And if they wiped out they might have to swim three or four miles in really rough surf to get back to shore. So back then it was very small very elite group of people at the superhuman swimming skills. But then surfers started using a leash which attach is their leg to the surfboard allowing them to keep that board even after a wipeout. Allison says the leash did make surfing safer, but it also made it more likely that weaker swimmers would take up surfing in the first. Place and those weaker swimmers might take risks. They didn't understand because they thought the leash made them safe. Brian k Lana says he sees this every time a new technology makes surfing, a little bit safer when people think they can try to serve without a lot of training to fulfill fantasy, but they get wacked reality. You know, the their fantasies all den and you know, just reached the stars. But, you know, all of a sudden, they're eating the reefs and the bottom of the ocean. But the really big innovation in big wave surfing came later. And it came from Brian himself in the late nineteen eighties and early nineteen ninety s Brian was surfing at a tournament called the Eddy prestigious event. We're only a couple dozen of the world's best surfers were competing. And that is when Brian wiped out on that huge sixty foot wave. And while he was in the water wave after wave kept crashing down on him and he was in what surfers called the impact zone. That is the area where the waves are breaking the waves the strongest and where it is the hardest to swim out, Bryant was starting to get nervous. But then he saw something that he didn't expect. So, you know, I looked up and one of my friends came up with a standup jetski cinnamon, and he zoomed right in and looked at me and asked me all right. And I was just amazed that someone came into the impact zone. His friend couldn't grab because jetski was too small. But Brian says that seeing his friend completely calmed him and he had an epiphany if the technology now existed to get someone into the impact zone then that same technology could be used to rescue someone and get them out. So Brian learned everything he could about the new models of wave runners, and jet skis, and he started buying them and trying to attach sleds to the back of them, turn them into rescue vehicles to pull drowning surfers out of the waves after enough trial and error it worked, the jetski changed the sport of big wave surfing. Eventually, it was just understood that rescue teams using jetskis would be nearby. Anytime surfers were riding big waves, and one day, Brian, and another lifeguard. Even. Used jetskis to rescue seven servers, who could not get back to shore. But technology for me is double edged sword because with all proper training or problem, mental attitudes. It also sends a false sense of safety. Also out in lineup also, too. So I also see people taking more of a risk because they see the use of the jet skis there as well as petition devices not only were weaker surfers now getting into big wave surfing, because of the jet ski but strong surfers raising jetskis to get to bigger and bigger waves like eighty foot tall waves, this is called Toan surfing or the surface actually pulled behind jetski to these humongous waves. In other words, these strong surfers were using the jet ski which was supposed to make surfing safer to take bigger and bigger risks. And in fact, this is what reminded communist Alison, Schrager of financial markets. Just like a jet ski can make it safer to ride a big wave their financial products that can make it safer to invest your money because they limit how much money you can lose. And just the same way jetski can be used to take on bigger and bigger waves. Those same financial products can also make it easier to take a bigger risk with your investments, so you can make a lot more money if the investment goes up, but that also means that you can lose a lot more money. If your investments go down fact, this is kind of what happened during the financial crisis. That's right. And so the question is, what can be done to make sure that people are taking the right amount of risk either surfing or in finance. Well, if you're a surfer, you educate other surfers, and you participate in something called the big wave risk-assessment group safety summit on the north shore of wa who that's right. Surfers have their own risk. Some ad is amazing and wonderful. I want to the big waves for risk summit. I mean normally idea risks. Summit is not appealing, but through surfing in there, just sounds interesting Alison had the same thought she actually attended recent summit, one of the founders was Brian kill Ana. An says she was like kind of the personnel there, there were three women there. Probably like maybe fifty people. Okay. So again, like a pension risk conference. No light slide with a lot of math on it. Mostly men. But they were way better looking in a much better shape than it a pension risk conference. Probably a better tans super tan. Not a closed. Toed shoe in the room at the summit, surfers, go basic safety and rescue techniques, things like CPR, and they also learn about how waves break and then color code different surfing zones. Based on safety and even discuss how to use drones to signal wear a fallen surfer is drowning to alert rescue team all kinds of things. Yeah. So education is one way to help people manage risks. Another way is government regulation, which is what's used in finance. For example, sometimes there are restrictions imposed by the government on what kinds of financial products you can invest in. Those restrictions are based on how much money you have or whether you understand the risks that you're taking or other variables nine surfing. There are some regulations about using jetskis to ride big waves in Hawaii, but also says that generally speaking surfers are opposed to regulation. Also, the whole idea of like tons of surfing regular. Just seems counter tips or the whole ethos. Yeah. Supposed to be like laid back and relaxed not filling out things in triplicate true, though, surfers do still have debates for example about whether surfing should require training certification like scuba diving does or more recently about who should be allowed to wear new, inflatable, vests to ride big waves. And Allison's main point, is that whether it is surfing or financial products. These debates are definitely getting continue because even when people learn how to manage the risk that comes with a new technology, either through education or regulation or just from getting used to risk. Another technology can come along that introduces new risks that is surfing. It's also, by the way, the whole history of finance, a new financial product is introduced people take more risks. Sometimes there's even a crash or a wipeout. Yeah. And then new regulations are imposed until the next new financial product and the cycle starts over. This podcast was produced by Dr Rath Jaen edited by

Brian K Lana Allison Alison Schrager Bryant Bryan Schwab Dot Schwab Charles Schwab Stacey Smith Jim Ni Dr Rath Jaen Jimmy Toan Hawaii WA Fifty Eight Years Sixty Foot Three Months
Why Ecuador Uses The Dollar?

The Indicator from Planet Money

08:56 min | 4 years ago

Why Ecuador Uses The Dollar?

"We didn't have to change the currency before. And after they have soup gray as their type of money now, they have dollars. How did they get the money for Ecuador without causing inflation and doesn't affect the money supply here in the USA, and how did they get the money there? How in how come they don't do it for other countries like them in the Republican Mexico into lumpia Omer gosh younger for president Sunday. Right reheard this super question. And after we listened to station I were like, we'll get back to you mean research. It's not that we don't know the answer because we do. It's just that you know, we want to care. Care something special for you. Right after the break. Support for this podcast and the following message. Come from season two of choice. Allergy in original podcast from Charles Schwab, hosted by Katie milkman choice. Allergy reveals the hidden psychological forces that can lead people to make expensive mistakes. Listen at Schwab dot com slash podcast. Support also comes from pay pow when it comes to grow in your business. Pay pal is your trusted payments partner for today and tomorrow processing over twenty five million payments per day, set up your business account for free at pay pal dot com slash growth. So bianca's question. Now, there are a few parts to this question. So we wanted to break it down. So we could answer it properly. The first why does Ecuador use the dollar now instead of its old currency the sucre second where did Ecuador get all these dollars third. Does it affect the money supply in the US, and why don't other countries use the dollar to answer all of the parts of this question. We wanted to go to an expert. So we called up in a communist was studied Latin America. And in fact, just got back from a trip to Ecuador Sebastian Edwards on the Henry Ford. The second professor at UCLA. Okay. So Sebastian first of all that's a pretty smart cookie. Isn't isn't she? Amazing a nine and a half years old. That's how I wish my MBA students ask that kind of question. So we started by asking Sebastien, why Ecuador started using the dollar back in the year two thousand. Mean just before getting rid of the domestic which as Bianca said school, the sucre? There was a handwritten percent evasion within this country that three percent four percent is pretty high percent. So just think what it is a hundred percent inflation. That's amazing. That means prices were doubling every year Ecuador had a big inflation problem. And this was not the first time. The problem was that. This was recurrent it happen. Every so many years back in the days when Ecuador's currency was the Suka these inflation problems just kept happening. Remember inflation is when prices go up, and when prices go up by too much, people get worried because it means they cannot by as much stuff with the money. They make it their jobs, and it's just really unsettling and Sebastian's is a big reason this kept happening was that the country's central Bank was not doing a very good job. The Ecuadorian central Bank had the ability to. Print money like any other central Bank. And when it printed too much money that meant there were too many sucrose this flowing out around in the economy to be spent on the same number of goods. So the price of those goods went way up that is inflation. So would Ecuador did is that it central Bank could not discipline itself and more than that pretty much responded to the will of quality, which is very different from what we do in this country where the Federal Reserve is a independent entity. And where the members of the fed kind of be fired at least not easily by the executive the president. So that wasn't happening Ecuador. So they were printing too much money, and they were abused a central Bank was abusing its power. And generating these burst of inflation. Every so often Ecuador wanted to end these bursts of inflation. So it's politicians looked at another Latin American country that also uses the US dollar. Panama and Ecuador's politicians noticed at Panama did not have these inflation problems the way Ecuador did. And they figured we can do that too. So they did now beyond also asked us how did they get all the dollars down there? That is a great question. Remember Ecuador cannot create US dollars only the US can create US dollars. So Ecuador had to bring US dollars in from the US. Here Sebastian that is generally done through an agreement between the local authorities and the Federal Reserve so the dollars are shipped in and they are put into eighty ends and into banks, and then people have a period of time when they can exchange at a given ratio their local currency the sucre for dollars. Yeah. But there's another important question here, which is doesn't Ecuador have to. To pay for those new dollars. The answer is yes, when you don't have guarantee of your own, and you use the dollar you cannot print dollars. If you're Ecuador quitter so in order to get more dollars, you need to sell to the US more bananas or more chocolate Ecuador has wonderful chocolate industry that it's being developed now or you have to sell more oil than would import. So you have to run a surplus in your international trade in order to get in more dollars than what you're paying out. So that the economy can expand and have more dollar liquid. In other words, Ecuador gets these new US dollars by selling its goods outside of the country in exchange for US dollars things like oil mainly, but yeah. Other stuff like chocolate and bananas. And you know, what dollarisation? Has mostly worked out for Ecuador inflation has been low and stable ever since Ecuador made the switch and as Sebastian told us he learned from his recent trip. Ecuadorian seemed to be pretty fine with it. I asked to everyone I met waiters and waiters in restaurants taxi drivers, everyone whether they wanted to back to the Sukree, and I could not find a single per node one, and maybe a couple of theoretically collumnist, but common people in the streets of Ecuador. Just don't want to do it. They are happy with the way the system is working. They like stability and predictability prices are not going to double overnight or in a year time, I say did in the past younger also asked if Ecuador having dollars affects the money supply in the United States and the short answer is not that much. The Federal Reserve is supposed to create an appropriate amount of dollars for the US con. Emme and some of those dollars do end up in Ecuador. And then they stay in Ecuador, which does make the federal little trickier. But the US economy is almost two hundred times bigger than Ecuador's economy. So in practice, it just doesn't make that much of a difference. Finally, Bianca asked us why other countries don't also switch to the US dollar. Now, remember using the US dollar. Now means that Ecuadorian politicians cannot print more money whenever they want. That is what led to all the inflation. But win their economy is in recession that is when you want to be able to print more money to get the economy moving again like we did in this country during the financial crisis Ecuador can't do that. So it's recessions might be deeper and might last longer when things start going bad other countries did not want to give up that option to fight a recession the way Ecuador did. So it's a tradeoff switching to the dollar can bring more stability, especially to countries with bad central banks. But it can also mean sacrificing the ability to. Your own economy when things get bad, and that's it. That's what we found. So we wanted to call Bianca up and give her our answer. Hey beyond Bianca. Hello. Hey, how's it going? Okay. So did we answer your question? Yes. Was there? Interesting and we had so much been looking for the answers innkeeper answering. My question.

Ecuador United States Bianca Sebastian Edwards Federal Reserve Allergy Mexico Schwab Dot President Trump Latin America Ucla Partner Sebastien Professor Panama Charles Schwab