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" The competition for scarce funds will intensify..." That's a bold misreading of the macro environment. Competition for funds expresses itself in higher rate
by banku_brougham 11y ago
" The competition for scarce funds will intensify..."
That's a bold misreading of the macro environment. Competition for funds expresses itself in higher rates, not lower. If the author's "competition for funds" intensifies further I think we may be in danger of being crushed under piles of money.