“United States” can mean at least two things: the many states of the union and a corporation. There may also be a Supreme Court ruling that acknowledges ‘United States’ can mean three things. For this post, I will focus on the fact that United States is a plural reference as one might say landlocked states […]
Category: Banking
MP stands for the microprint on checks.
Suddenly the post about the microprint on checks is getting traffic so I added that bank checks also have the letters MP beside the signature line. MP stands for microprint, meaning the line where one signs ‘the name’ is actually very small print that says Authorized Signature. Related Banks don’t take deposits, don’t lend money […]
Banking video re-posted
Banking and the Bible
Banks don’t take deposits. Banks don’t lend money.
It’s a miracle!! Richard Werner, an economist and professor, explains how banks really work. They don’t take deposits and they don’t lend money. A summary and full transcript appears below the video! I typed it out because it’s so important. (Hat tip to @notporc for providing the new video.) — Begin Transcript — Banks are […]
Microprint on Bank Checks
On a paper bank check, for a checking account, the line under the signature is actually microprint, not a line. According to this post, the line says, “Authorized Signature.” Beside the line are the letters ‘MP’ – standing for…micro print! The banks are obviously trying to hide this. The word “DOLLARS” appears clearly but they […]