THE COLLAPSE OF TRADITIONAL BANKS
Ahmed Musa
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"The End of Banking: Money, Credit, and the Digital Revolution" examines the transformation of the financial system in the digital age, arguing that traditional banking has become obsolete. The book explores how technological advancements have disrupted conventional banking practices, leading to the rise of shadow banking and financial instability. McMillan proposes a reformed financial system that separates money creation from credit provision, aiming to enhance transparency and stability in the digital era.
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