Money Supply and the Money Multiplier. Money, either in the form of currency or as bank reserves, is a liability of the central bank. The central bank controls the monetary base, expanding or contracting it at will, according to the needs of the economy.
Whole life is also more expensive because of the costs of storing and investing your premium money. Unlike term, the money that you put into your whole life policy can be borrowed from the policy if you need it. Term policies only collect enough to cover the cost of your insurance, and have no cash value.
Attorneyâs fees may seem expensive at first glance, but there are a number of reasons why they charge the rates they do. Lawyers see people in some of the most stressful times of life, often with issues of vital importance hinging on the outcome of a case.