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(Such a change would have occurred if Mr Kirch had paid for the option by buying new shares in Speed instead of lending it money).
So firms are now hoarding cash instead of lending it, until they understand how bad the housing crash will become and how exposed to it they are.
In an interview here, he said the Fed was pumping money into an economy already awash in cash, noting that commercial banks have been stockpiling money — through their deposits at the Fed, known as reserves — instead of lending it.
He says this income is really the return on cost-free capital that belongs to its shareholders; the bank should invest these funds in the capital markets and use the income on projects in the poorest countries, instead of lending it to governments that don't need it.Arguably, the bank should be proud of old pupils who have achieved growth, repaid debt and attracted private financing.
But it does no good to add money to the financial system — which has the effect of lowering the federal funds rate — if banks simply stash the extra cash in government bonds instead of lending it out.
He didn't give a fig for the fashionable world of '60s London and dressed like a friendly bank manager, except that he gave us money instead of lending it.
Similar(53)
Instead of lending you a Freebox Delta, it costs €10 per month over 48 months.
If, instead of lending corn to the farmer, the fieldhand ate it, saving would fall (because more corn is now being consumed) and so would borrowing (because the farmhand is now consuming his own earnings, rather than lending half of them out).China's economy last year harvested over $9 trillion worth of goods and services.
Instead of lending money to Credit Store, Botchman decided to buy it.
Instead of lending credibility to the novel's apocalyptic ending, this voice undermines it, suggesting that all that has transpired in the story thus far is part of an elaborate Shirley MacLaine-esque fantasy, or perhaps a coy authorial joke.
Instead of lending your copy to cleverness and self-aggrandizement, commit to making it a clear solution with distinct offerings and benefits – concisely.
Related(20)
instead of sending it
instead of delivering it
instead of contributing it
instead of rendering it
instead of providing it
instead of financing it
instead of injecting it
instead of borrowing it
instead of redoubling it
instead of destroying it
instead of accepting it
instead of amending it
instead of resisting it
instead of putting it
instead of fixing it
instead of shrugging it
instead of absorbing it
instead of supporting it
instead of killing it
instead of shrinking it
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com