The future of money
Article Abstract:
Financial experts predict that traditional banking will be replaced by money-market funds and non-bank lenders. Money-market funds may replace deposits if they can perform in the same manner. Securities investments may replace bank loans.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Zero sums for banks
Article Abstract:
Price stability caused by disinflation will lower interest on bank loans, and real cost for debt will vary little over time for borrowers. Lower inflation will also allow for less expensive technology and better services from banks.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Unbalanced
Article Abstract:
Financial experts believe that securities will eventually replace bank lending, and that banks will become managers of mutual funds. Managing and regulating bank loans is much more costly than holding securities, which are liquid.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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