FinTech

ebook The Magical Wealth Multiplier: Profit Economics Series, Book 62 · Profit Economics Series

By Hak Choi

cover image of FinTech

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Modigliani and Miller (1958) advocated more borrowing for higher rate of return. This paper uses FinTech to update their theorem. It also proves that FinTech's multiplier is more magical than the deposit one.

FinTech