The need for the money market is driven by the needs of major players to get the best deal for the money they have to invest or need to borrow. The money market sets rates based on the supply and demand in the market by major players.
Banks set rates for their customers' loans and deposits. These customers are mostly not major players and, therefore, have limited ability to negotiate rates.
For the same reason no other industry would eliminate the market in which it traded.
If interest rates rise sharply in the future, long-term bonds may suffer such a sharp fall in price.
Market that can b
The farming region in the 1820s that originally supported the National bank was the Southern region. When the National Bank changed their policies and made loans harder to get the people no longer supported the National Bank.
One word. Inflation. Printing more money causes prices to rise because of it's abundance.
Cause people need money to buy stuff and t' pay bills so they either rob a bank or steal from another. More prefer to rob a bank and bring a gun. Who walks into a bank with a sword?
Markets allow people to buy what they need to consume and sell the specialized goods and services they produce.
Industrial markets are more complicated and need technical knowledge. They have knowledgeable buyers who analyze the products. Products are sold on request that need quotations and specifications. Information on these markets are difficult and qualitative. However consumer markets are more simple. The buyers are not experts while sellers are powerful. Purchasers need not buy through listed prices. Market information is enormous through database information.
Banks ARE the money markets. They are hardly likely to eliminate themselves.
To raise money for the South(:
To raise money for the South(:
of-course...its river bank
whom should you see at the bank if you need to borrow money? worksheet answer key
First you need a bank account and money you put the money in the bank account, wait for a year or two and then you get more money in your bank account
Yes I need a bank our priority is Chian
To earn money!
bank
Why do we have shops and supermarkets, to buy the things you need and for the sellers to make money.
Yes
If I send money from canada to mexico do i need an intermediary Bank?