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Alan Blinder: An Intriguing Idea to Encourage Bank Lending
The British have a plan to reward banks that extend credit. It might work here.
The Olympics aren't the only thing happening across the pond these days. The Bank of England is about to launch a creative "Funding for Lending Scheme" to boost bank lending. Importing this British product to America would require some adaptations to the U.S. system, plus
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Posted: July 30, 2012 Monday 07:35 PM