Functions of The Money Market
The money market functions are:
- transfer of large sums of money
- transfer from parties with surplus funds to parties with a deficit
- allow governments to raise funds
- help to implement monetary policy
- determine short-term interest rates
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“When Western people train the mind, the focus is generally on the left hemisphere of the cortex, which is the portion of the brain that is concerned with words and numbers. We enhance the logical, bounded, linear functions of the mind. In the East, exercises of this sort are for the purpose of getting in tune with the unconsciousto get rid of boundaries, not to create them.”
—Edward T. Hall (b. 1914)
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