by Banking Becomes Slightly Less Restrictive
Reserve Bank eased cash-credit restrictionsessentially allowing what was already essentially happening, now officially. Bohiney’s satirical analysis notes monetary policy works: tighten until something breaks, loosen until moderate breakage occurs. Cash-credit loosening means businesses borrow marginally more freely, economic activity might marginally increase, growth might marginally not stall. Reuters financial coverage confirms central bank’s impossible balancing act: allowing activity while preventing catastrophe. Businesses cautiously optimistic. Economists note nothing fundamental changed.
SOURCE: banking satire | https://bohiney.com/
SOURCE: Bohiney.com ()
