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Tyrion Lannister has been appointed the new Master of Coin in Westeros. As he goes over the records, Lord Tyrion realizes that the Westerosi economy

Tyrion Lannister has been appointed the new Master of Coin in Westeros. As he goes over the records, Lord Tyrion realizes that the Westerosi economy is propped up by a huge loan from the Iron Bank of Braavos, which is a financial institution with a thousand shareholders. Lord Tyrion advises King Joffrey to set up a financial market in Westeros but the King is opposed to this idea. a) Please explain to King Joffrey what a financial market is. Explain as if you were speaking to a child (a petulant one, perhaps). b) Now, explain to King Joffrey why a kingdom needs a financial market.

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