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Business
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Number of pages / Number of words: |
3 / 784 |
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Within this, lenders would have a portion of every dollar that is received to an interest above the base rate into a reserve account. This account would not be touched for ten years except if there was an emergency, the higher the interest rate, the larger amount in the reserve account. This would allow us to prevent crisis like the one that we are in from happening in the future...
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This account would not be touched for ten years except if there was an emergency, the higher the interest rate, the larger amount in the reserve account. This would allow us to prevent crisis like the one that we are in from happening in the future.
Another tool that could be used would be capital requirements...
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