Functions of The Money Market
The money market functions are:
- transfer of large sums of money
- transfer from parties with surplus funds to parties with a deficit
- allow governments to raise funds
- help to implement monetary policy
- determine short-term interest rates
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“Those things which now most engage the attention of men, as politics and the daily routine, are, it is true, vital functions of human society, but should be unconsciously performed, like the corresponding functions of the physical body.”
—Henry David Thoreau (18171862)
“In todays world parents find themselves at the mercy of a society which imposes pressures and priorities that allow neither time nor place for meaningful activities and relations between children and adults, which downgrade the role of parents and the functions of parenthood, and which prevent the parent from doing things he wants to do as a guide, friend, and companion to his children.”
—Urie Bronfenbrenner (b. 1917)
“One of the most highly valued functions of used parents these days is to be the villains of their childrens lives, the people the child blames for any shortcomings or disappointments. But if your identity comes from your parents failings, then you remain forever a member of the child generation, stuck and unable to move on to an adulthood in which you identify yourself in terms of what you do, not what has been done to you.”
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“I have defeated them all.... I was left with some money to battle with the world when quite young, and at the present time have much to feel proud of.... The Lord gave me talent, and I know I have done good with it.... For my brains have made me quite independent and without the help of any man.”
—Harriet A. Brown, U.S. inventor and educator. As quoted in Feminine Ingenuity, ch. 8, by Anne L. MacDonald (1992)
“I refuse to be. In
the madhouse of the inhuman
I refuse to live.
With the wolves of the market place
I refuse to howl ...”
—Marina Tsvetaeva (18921941)