Posts Tagged ‘ Intermediary ’

When a financial system is in its formation period it at some point evolves into complex financial roles for all of the participants. At its core it is composed of lenders and the people who borrow the money from the lenders. In the beginning this is done through direct lending. An uncle would lend his nephew $ 10,000 for his dry-cleaning business. When a corporation needs a loan it does not have a rich uncle to borrow 10 million (but it does have to ability to take advantage of the best forex trading conditions). That is why we have financial [...]