Yes, in normal times the money should flow through the banks, but fiscal stimulus offers an alternative path for the flow of money when it cannot flow through a damaged banking system.

FORBES: Nobel Laureate Paul Krugman is Correct, Cato Institute's Mitchell is Wrong

Their argument and, until recently, the conventional wisdom was that a restructuring would lead to significant losses for international banks - particularly in Germany and France - and that instability would flow through the entire European banking system.

BBC: Smoke and mirrors and the euro crisis

However, he says that with so much foreign money continuing to flow through Afghanistan's fragile financial system, experts fear a similar crime could be possible again.

BBC: Kabul Bank fraud profited elite, leaked audit says

So Efficient is developing software that manages the flow of DSL data through the phone system, especially as telcos bring out services such as video on demand that require more bandwidth.

FORBES: Above the fray

Remittances from overseas workers make up a tenth of the Philippines' economy, and are important enough to have forced the pace of anti-money laundering reforms to avoid risking any interruption to the flow of money from overseas through the banking system.

BBC: A rickshaw pedals through flooded streets