Central Banks Can Work With Existing Relationships

Central banks can work with existing relationships with commercial banks, tweaking and rearranging the ongoing relationships. It means that you can allow incremental experimentation and learning and many approaches. And then you have per to peer inspiration, or pertpe permission, which is, i think, what seems to be happening, pe depeer permission from one central bank to another. We've seen bank of china doing subsidized lending towards green investments. M look what they're doing over there in japan. Look what they's doing. Perhaps it permits us also to stray from that lane.