Not exact matches
Its business, like that of all modern central banks (but unlike that of, say, the Gosbank), is that of keeping the overall scale of credit creation within bounds consistent
with macroeconomic
stability, while
leaving private
financial institutions as free as is consistent
with preserving that
stability to decide how best to employ scarce credit.
He needs the opportunity to
leave his managing legacy
with financial backing to bring success, and not just
stability, it seems he is finally being afforded this chance.
He
leaves us
with an enormous question, stated as a fact: «so long as banks and other lenders to these ventures are managing their credit risks effectively, this necessary adjustment should not pose a threat to
financial stability».
All it takes is one accident to
leave you
with life - altering injuries and heavy expenses that jeopardize your
financial stability.