Some reflections on Keynes's 'finance motive' for the demand for money

There is lack of any inherent difference between the theory of financial intermediation and the theory of liquidity preferences. Both are similar in dynamic contexts. Institutional investments bear a direct relationship with the availability of liquidity. Savings have a negligible effect on investments. Keynesian economics explain the finance motives with these perspectives. The debate over the validity of Keynes theory is irrelevant.