3 ms·
Sure, but if the interest rate is lowered arbitrarily rather than based on some market function, don't unworthy businesses get loans? Seems like we sacrificed e
by boppo1 5y ago
Sure, but if the interest rate is lowered arbitrarily rather than based on some market function, don't unworthy businesses get loans? Seems like we sacrificed efficiency and price discovery to keep employment numbers high.