Real Savings Are at the Heart of Lending – Frank Shostak (03/31/2021)
After climbing to 12.2 percent in April last year, the yearly growth rate of combined commercial bank real estate and consumer and business loans plunged to –2.6 percent in early March. For most commentators an important factor in setting economic prosperity in motion is bank lending. Hence, this sharp decline in the yearly growth rate in bank loans…
Source: https://wallstreetwindow.com/2021/03/real-savings-are-at-the-heart-of-lending-frank-shostak-03-31-2021/
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