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Cheap, stable finance is dwindling rapidly.
This is a network that can be used to link the productive economy to stable finance.
But there is probably no institutional set-up which would make the goals of stable inflation and stable finance compatible at all times.
Stable finance was an illusion.The trouble is that financial innovation did not occur in a vacuum but in response to incentives created by governments.
Judging from the most recent presidential debate, the candidates are still not drawing the link from stable finance to economic prosperity, and they are offering no ideas on how to restructure mortgages.
Motoring group the AA described funding for local roads as "a lottery", and called for "stable finance" for UK roads.
Similar(53)
What is the challenge of "stable financing" to conservation farming programs?
Only state lawmakers can provide the stable financing that the system needs.
The state needs to arrange adequate and stable financing based on reasoned projections of the workload.
This is a good idea, as it gives banks an incentive to secure more stable financing.
The lack of stable financing is why the Spanish government is vulnerable.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com