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عمومی::
سپردۀ بانکی
At that time, a new form of financial institution emerged that offered something very similar to bank deposits: Money market mutual funds (MMMFs).
Recall that traditional banking is the creation of inside money in the form of bank deposits.
When we discussed traditional banking, we noted the three characteristics of how bank deposits constitute inside money.
First, bank deposits feature the same divisibility as outside money; that is, they have the same denomination as cash.
Second, bank deposits are perceived as risk-free.
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