The myth of financial intermediation has been invented to distract attention from the natural function of banks. When we think about banks gathering money from depositors to give to investors, the objective function of banks is completely hidden from public view. Economic textbooks ignore these functions, and macroeconomic models do not mention the banking sector in terms of private placement programs. I discuss th? v?r??u? ?r????? ?nd ?dv?nt?g?? ?f these programs and ?h?w how ??u ??n put that invaluable kn?wl?dg? to good u??. I aim to provide a concise view of the mechanisms in place and the detailed protocol and structure. I am ?ft?n ??nt??t?d b? ?r?j??t d?v?l???r?, ?nv??t?r?, ?ntr??r?n?ur?, ?nd br?k?r? wh? ?r? l??k?ng t? r???? ????t?l, ?r wh? ?r? l??k?ng f?r investment ????rtun?t??? th?t ?r?v?d? h?gh?r yield r?turn? f?r th?m??lv?? ?r th??r ?l??nt?; my guide will simplify the confusion and assist in greater comprehension. I reveal what banks are not prepared to divulge as it is clear that these investment opportunities are by a few for a few. On?? ??u h?v? a ?l??r und?r?t?nd?ng ?f wh?t ?nv??t?ng ?n these sophisticated investments strategies ?nv?lv?, ?nd h?w fractional r???rv? b?nk?ng ??m?? ?nt? ?l??, leverage and arbitrage techniques, ??u will have then d????v?r a w?? t? g?t ?nt? a tr?d?ng ?l?tf?rm. The first ?t?? at th? b?g?nn?ng ?f th? ?r????? ??n b? th? m??t d?ff??ult ?f ?ll, but the beginning is only the journey.
- | Author: Sir Patrick Bijou
- | Publisher: Dr Patrick Tristram Bijou
- | Publication Date: Jul 05, 2023
- | Number of Pages: 342 pages
- | Language: English
- | Binding: Paperback
- | ISBN-10: 1915642280
- | ISBN-13: 9781915642288
