Hendrith Smith: Necessary Capital

Posted by admin on Saturday, June 3, 2023

Meaning of Hendrith Smith Money Quote: saying Banks can be compared to the heart of the economy as it keeps money flowing throughout the finance body. Hendrith Smith said:
 
Banks are to the economy what the heart is to the human body. They cycle necessary capital through crises Quote
 

“Banks are to the economy what the heart is to the human body. They cycle necessary capital through the whole, and they are barely noticed until pressure, necessity, or crises” — Hendrith Smith

 

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