Popular anger was exacerbated by the perception that, rather than lend to credit-rationed firms, banks were happy to simply deposit their excess reserves with the Federal Reserve, especially now that the Fed was paying interest.
The central government twice this year increased the amount of money that banks are required to deposit with the central bank as a monetary reserve rather than lend to customers.
But many Greeks are concerned that the banks would simply hold onto the money rather than lend to businesses, continuing a trend that has already led tens of thousands of small and medium-size enterprises to fold in the last several years.
It is no surprise that when the European Central Bank flooded euro-zone banks with €442 billion, or $616 billion, in liquidity last month, most preferred to deposit the money back with the E.C.B. in overnight deposits or put it in safe government bonds, rather than lend to the real economy.
Despite the record liquidity the Federal Reserve has injected into the banking system, banks are tending to hoard these funds rather than lend to households, with a view to repairing eroded balance sheets.
According to Tony Crescenzi of PIMCO, investors are asking themselves, "Would I rather lend money to nations whose debt burden is worsening, or to nations where it is improving?"This pattern of debt is the opposite of what you might expect.
Lastly, as a retrospective data analysis, our findings should not be used to support immediate widespread changes in laboratory practices, but rather lend support to the notion that over-testing may be occurring and warrants further study.
Supplying the missing middle will require backers who want to invest in companies rather than just lend to them.
He should visit with the business community, which he will do".Several senior House leadership aides said the Democratic leaders to which Johnson is turning aren't using the opportunities to lobby for any one particular candidate, but rather lend their expertise to the consideration of candidates.
It's no wonder that the company can undercut rates offered by existing student loan programs, because it's got its pick of a prime pool of borrowers rather than needing to lend to every student in the country.
