Economics Homework Help
Economics Homework Help. Discussion Post: Questions are below in the requirements.
- How do you evaluate the following statements made from the Chicago Fed Letter?
Because banks have access to existing customers and inexpensive costs of funding, partnerships with fintech businesses can be mutually beneficial.
Would economic theory support this belief, or would you expect a more adversarial relationship to ensue over time? Please explain
- Do peer to peer lenders create value? Why/why not? (Hint: This is a complex question that appears quite simple and straight forward on the surface level, but I encourage you to think critically about added value vs. costs, vs potential creative destruction)
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