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Is this[1] the problem in Japan that you are talking about? Seems like the main idea is we had to find a way to get the banks to start lending again. The gover
by 3825 14y ago
Is this[1] the problem in Japan that you are talking about? Seems like the main idea is we had to find a way to get the banks to start lending again. The government can't open a shop and lend to small businesses themselves. What other option did we have other than to bail out the banks? Honest question. I don't know very much about these things.
[1]: http://web.mit.edu/krugman/www/bailout.html http://web.mit.edu/krugman/www/bailout.html