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So who would be making consumer and commercial loans under this model?
by DobryMorozov 6y ago
So who would be making consumer and commercial loans under this model?
- Qworg 6y agoIn these proposals (which with the new CBDC furor going on are more common again), it would look a lot like China. The central bank would pick the "Agriculture Bank" or the "Industrial Bank", and hand over a set of deposits to enable loans. Hardly a model for success.
- andylynch 6y agoWe used to have these in New Zealand but they didn’t succeed long term. Another model which does if well run is banking coops eg the Dutch Rabobank