Comment by skybrian 11 hours ago Not an expert, but amazingly this all looks correct? 3 comments skybrian Reply xalava 11 hours ago If it looks correct, it must be then.More seriously, if you want to learn money and its infrastructure, I recommend Banque de France's book on the matter "Payments and market infrastructures in the digital era" https://www.banque-france.fr/system/files/2023-04/payments_m... bjelkeman-again 5 hours ago It is quite amazing how complicated we have made the financial system. Most people, including me, have only a very vague idea of how it works. atq2119 11 hours ago Looks like it, yes. It's encouraging given that so many discussions of these topics online are wrong. The explanation of constraints on bank lending in particular is something many people should read.
xalava 11 hours ago If it looks correct, it must be then.More seriously, if you want to learn money and its infrastructure, I recommend Banque de France's book on the matter "Payments and market infrastructures in the digital era" https://www.banque-france.fr/system/files/2023-04/payments_m... bjelkeman-again 5 hours ago It is quite amazing how complicated we have made the financial system. Most people, including me, have only a very vague idea of how it works.
bjelkeman-again 5 hours ago It is quite amazing how complicated we have made the financial system. Most people, including me, have only a very vague idea of how it works.
atq2119 11 hours ago Looks like it, yes. It's encouraging given that so many discussions of these topics online are wrong. The explanation of constraints on bank lending in particular is something many people should read.
If it looks correct, it must be then.
More seriously, if you want to learn money and its infrastructure, I recommend Banque de France's book on the matter "Payments and market infrastructures in the digital era" https://www.banque-france.fr/system/files/2023-04/payments_m...
It is quite amazing how complicated we have made the financial system. Most people, including me, have only a very vague idea of how it works.
Looks like it, yes. It's encouraging given that so many discussions of these topics online are wrong. The explanation of constraints on bank lending in particular is something many people should read.