AKA, the limits of monetary policy…
Central banks have been cutting interest rates, but commercial banks have been increasing the credit quality hurdle — meaning: rates may be low, but you might not be able to even get a loan.
more: https://t.co/cXbgjQ8gPD pic.twitter.com/givpoaLkGZ
— Topdown Charts (@topdowncharts) January 13, 2021