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Price Stability, Inflation and Central Banks

C/E/310. Causes of credit crunch

WORDS:
1200
DATE:
2008
PRICE:
19.99 GBP

The paper looks at the demise of the free-market system within the banking industry, which has so far only caused irresponsible bank lending and is now leading to the threat of a looming credit crunch which must be rectified by more interventionist banking policies of the Global governments.

 

KEYWORDS: credit crunch, banking, free-market,

 
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