Modern banking
| Main Author: | SAYERS, R.S. |
|---|---|
| Format: | Book |
| Terbitan: |
Oxford University Press
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| Subjects: |
Daftar Isi:
- For many decades banks have been recognized as traders in mony. Were this their sole function economists would undobtedly be intersted in them, just as economists are interstes in the activites of the ussuing houses or any other section of the capital market. The linking of boorower and lender influences the distribution of spending powe, transferring it from people who have less immediate inclinationto spend, and into the hands ofpeople who are wanting to spend it immediately.