1. ) (same and defining financial intermediaries as "institutions that borrow funds from people who have saved and in turn make loans to others;Frederic S Mishkin;BANKING & FINANCIAL MARKETS 7-8
2. Do the M&M Propositions Apply to Banks?;H Merton;See also Robert C. Hockett & Saule T. Omarova, The Finance Franchise,1995
3. Money as Infrastructure;Morgan Ricks;COLUM. BUS. L. REV,2018