The higher the return from other financial assets, the smaller money balances will be. The lower the return from other financial assets, the larger money balances will be. When individuals want to buy something beyond their current means, they must borrow to finance the purchase. This desire to spend in excess of current income results in an increase in the demand for money from financing. Keynesians believe that money is wanted for all four reasons.
Monetarists believe that money is wanted only for the transactions motive.