4 ms·
The eventuality of money being transferred is almost all done on credit. The idea that the money can be transferred sometime in the future. During periods of u
by vmception 5y ago
The eventuality of money being transferred is almost all done on credit. The idea that the money can be transferred sometime in the future.
During periods of uncertainty and credit/trust dries up, this has been is an area where central banks have been partially stepping in by loosening credit access to spur continued trade and tradelines between financial institutions. This just keeps the credit line going, not settling the money itself. The parties always have the opportunity to try to settle it all.