Can Money Market Mutual Funds Provide Sufficient Liquidity to Replace Deposit Insurance?

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Narrow banking is an arrangement in which deposit- taking and lending functions are separated and performed by different institutions. This separation is aimed at avoiding panics at uninsured banks, without moral hazard associated with deposit insurance. Money Market Mutual Funds (MMMFs) are promoted as replacements for bank deposits. For MMMFs to compete with banks, t..

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经济/贸易/财会 --  贸易
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to money funds market mutual can provide replace
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liquidity deposit insurance funds mutual mmmfs
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