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In more regulated times, credit controls or the gold standard restricted the creation of credit.
And so it goes on.For as long as people are optimistic, the creation of credit is hard to restrain.
This is no secret, it's actually a well-known reality and in fact mainstream economists often see debt and the creation of credit as a good thing.
Loading banks with equity slows the creation of credit, but the reward for a healthy financial system is faster growth over the long term.
And longer term, we need to challenge the virtual monopoly we have allowed the private sector banks to exercise over the creation of credit.
Metzler argues that the inflationary creation of credit was key to Japan's postwar success and its eventual demise due to its instability over the long term.
Similar(46)
Lightly regulated and nearly opaque, hedge funds played a central role in the creation of credit-default swaps and other financial exotica that led to the economic collapse of 2008.
The standards can also lead to the creation of credits that can be sold in emissions markets.
"This scheme could change the substance of a rating and result in the creation of dual credit ratings — an Australian 'EDR' domestic credit rating and a 'rest of the world' credit rating," Mr. Bailey said, referring to the external dispute resolution of the ombudsman.
The addition of the enhanced child tax credit and creation of new credits for non-child dependents was critical, as without it, large low-income families may have been more harmed by the loss of personal exemptions than they were helped by the increased standard deduction.
We do this through mobile technology, using SMS, to empower emerging market entrepreneurs with a simple accounting tool that also leads to the creation of a credit score, enabling our users to access affordable credit previously out of their reach.
More suggestions(19)
formation of credit
creation of mortgage
creation of insurance
establishment of credit
introduction of credit
generation of credit
emergence of credit
creation of confidence
creation of banking
creation of transfer
business of credit
creation of debt
creation of loans
creation of funds
creation of history
creation of zeolite
creation of thought
creation of man
creation of wealth
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Justyna Jupowicz-Kozak
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