History
The money market developed because parties had surplus funds, while others needed cash. Today it comprises cash instruments as well.
Read more about this topic: Money Market
Famous quotes containing the word history:
“You that would judge me do not judge alone
This book or that, come to this hallowed place
Where my friends portraits hang and look thereon;
Irelands history in their lineaments trace;
Think where mans glory most begins and ends
And say my glory was I had such friends.”
—William Butler Yeats (18651939)
“The whole history of civilisation is strewn with creeds and institutions which were invaluable at first, and deadly afterwards.”
—Walter Bagehot (18261877)
“Revolutions are the periods of history when individuals count most.”
—Norman Mailer (b. 1923)
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