Are bank’s speculative profits at the expense of traders?

Banks extract large profits through speculative trading on the foreign exchange markets and some authors have argued that banks are the winners and that the traders of goods and services are the losers in this game of foreign exchange dealing. The author argues that banks earn a return through provi...

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Bibliographic Details
Main Author: H.G. GRUBEL
Format: Article
Language:English
Published: Associazione Economia civile 2013-10-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10945

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