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Explain why banks are inherently unstable. What is there about making loans and taking deposits that makes bank runs possible at almost any time without
Explain why banks are inherently unstable. What is there about making loans and taking deposits that makes bank runs possible at almost any time without government back-up?
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
9th Edition
0321598903, 978-0321598905
