Is settlement of funds a financial function? If a commercial transaction is settled by transferring hard cash, that settlement does not constitute a financial function. However, settlement of fun… 2020-04-27 Noriyuki Morimoto The dilemma between macroprudence and collective idiocy When individual financial institutions engage in business activities based on their own rationality, the accumulation of actions taken by all the fina… 2020-04-13 Noriyuki Morimoto
