March 12, 2024

THE BIGGEST MISSING LINK IN MACROECONOMIC HISTORY part 16


Consumer credit corporations licensed in the credit economy forced to take microfinancial intermediation to the bottom percentiles of the society should be eligible with two thirds of credit deposits and share capital banked with Federal Credit Reserve a similar approach almost like the mainstream financial system.


To a larger extent this mode of money credit money if lost or suffer impairment by bad debtors should be written off as long as the insulated portion of the credit gold is not impaired in the several types when not repaid allows faster velocity of credit money though on probation review sometimes but if the impact was quite massive in the credit economy,such debtor is eligible for suspension of probation review.These are some of the guidelines for running a robust Consumer credit corporations licensed for for microfinancial price stability and social stability respectively

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