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Because the rising cost of living subsided and you will rates dropped, the higher rates ceilings triggerred prolonged supply of credit so you can riskier users

Because the rising cost of living subsided and you will rates dropped, the higher rates ceilings triggerred prolonged supply of credit so you can riskier users Sources: (Basic column) Smith (1967); (next column) Western Monetary Features Relationship, Questionnaire out of Representative People, authors’ data; (3rd line) Federal Reserve Board, Survey out of Boat finance companies, […]
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