Financial intermediaries are just middlemen. Borrowers and lenders would be better off if they were cut out

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"Financial intermediaries are just middlemen. Borrowers and lenders would be better off if they were cut out of the process." What do you think?

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Principles of Money Banking and Financial Markets

ISBN: 978-0321339195

12th edition

Authors: Lawrence S. Ritter, William L. Silber, Gregory F. Udell

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Question Posted: Mar 06, 2018 09:21 AM

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Financial intermediaries are just middlemen. Borrowers and lenders would be better off if they were cut out

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Absolutely not To verify this statement discuss and provide an example of transactions costs dive...View the full answer

Principles of Money Banking and Financial Markets

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