Money Market - History

History

The money market developed because parties had surplus funds, while others needed cash. Today it comprises cash instruments as well.

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Famous quotes containing the word history:

    “Properly speaking, history is nothing but the crimes and misfortunes of the human race.”
    —Pierre Bayle (1647–1706)

    “In all history no class has been enfranchised without some selfish motive underlying. If to-day we could prove to Republicans or Democrats that every woman would vote for their party, we should be enfranchised.”
    —Carrie Chapman Catt (1859–1947)

    “At present cats have more purchasing power and influence than the poor of this planet. Accidents of geography and colonial history should no longer determine who gets the fish.”
    —Derek Wall (b. 1965)