The banks in the model act as intermediaries between savers who choose to deposit in liquid accounts and borrowers who prefer to take out long-maturity loans. The time period «Glass-Steagall Act,» however, is most often used to seek advice from…
The banks in the model act as intermediaries between savers who choose to deposit in liquid accounts and borrowers who prefer to take out long-maturity loans. The time period «Glass-Steagall Act,» however, is most often used to seek advice from…