objection 发表于 2025-3-26 23:16:34
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http://reply.papertrans.cn/24/2303/230207/230207_33.pngconvert 发表于 2025-3-27 13:28:57
https://doi.org/10.1057/978-1-137-60013-4 intermediaries need to provide some service that is of sufficient value that those on either side are willing to pay for it. But before we can understand intermediation or disintermediation we need to understand the two basic types of intermediaries that we introduced in the previous chapter.接合 发表于 2025-3-27 17:24:53
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http://reply.papertrans.cn/24/2303/230207/230207_36.png伪书 发表于 2025-3-28 01:39:00
Balance Sheets: The Key to Understanding Transforming Financial Intermediariesgether after which the intermediary drops out and the two sides then conduct their business. For example, a dating agency which brings together people of the opposite sex drops out as soon as they have been introduced. Similarly a stockbroker introduces a buyer and a seller of a security then drops杂色 发表于 2025-3-28 02:40:49
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Financial Intermediation: Commercial and Investment Bank Structure or silver coins into other currencies. Merchants also needed to be able to keep their wealth somewhere they believed to be safe (gold and silver are very heavy to carry and ‘keeping it under a mattress’ was not safe). They grew to trust particular moneychangers with whom they would deposit their mo温和女人 发表于 2025-3-28 13:31:52
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