When shocks his the system, the supply of loans collapses and the demand for loans increases. In good times the supply of money would far exceed the demand. Rat

When shocks his the system, the supply of loans collapses and the demand for loans increases. In good times the supply of money would far exceed the demand. Rates would go up in recessions and down in booms making the bust nearly impossible to exit and the booms into a week long party fuelled by a cocktail of heroin, cocaine and ecstasy consumed off a shovel.