Unformatted text preview: make it easier or business loans lowering their rates until they were back in the positive. Once they were back making money their rate would go increase. If a business was struggling to make money I would make it easier for them to refinance. So that their interest rate could lower but, with the notification that once they are making money the rate would increase. I wouldn’t increase it back to where it was but a little higher so the banks still make money off their investment....
View Full Document
This note was uploaded on 04/07/2011 for the course ECON 101 taught by Professor Sei during the Spring '11 term at American Academy of Art.
- Spring '11