When stock prices rise, it is said to be due to a confluence of extraordinarily high levels of liquidity on
household and business balance sheets, combined with a simultaneous normalization of liquidity preferences.
Moreover, the improvements in
household and business balance sheets have been accompanied by the increased safety of the financial sector associated with the macroprudential efforts I have outlined.
Not exact matches
That would seem to be the point at which interest rates are at the lower bound
and the
balance sheet can not be expanded at a SOE /
household /
business level assuming they are not using foreign FX to debt finance.
Or are you interested in turning your
household's
balance sheet into an income fortress that feeds money into your account on a regular basis,
and you just accept the 15 % tax rate as the cost of doing
business?
These effects have contributed to
balance sheet repair among
households, improved financial conditions among
businesses,
and hence a strengthening in the health of the financial sector.
As discussed above, in the past when credit
and asset price booms have ended, they have often resulted in financial
and economic instability, with banks suffering losses
and the
business and household sectors cutting back spending as they repair their
balance sheets.
At least 60 % of the bio-methane will be used in the creamery for steam generation, with the
balance being used by local
businesses and households in Aspatria.
Or are you interested in turning your
household's
balance sheet into an income fortress that feeds money into your account on a regular basis,
and you just accept the 15 % tax rate as the cost of doing
business?