The Threat of CGDC

"The more banks a country has, the stronger the economy is," he says. "There should be this fundamental principle that there are basically three types of loans banks can do and they have different consequences" If banks lend for consumption, you get inflation, right? You create more money, but the same amount of goods and service, you've got more demand, but theSame amount of goods & services,. you get inflation. The third type of bank lending is when banks lend and therefore create money for productive business investment - which creates jobs in small firms.