Many question whether the bank should be lending to China at all.
And many banks are lending them the money to do so.
And don't we need the banks to lend more not less right now?
American banks have lent about 2 percent of the total.
The point of all this is to get banks to lend.
This new money can only be created by banks lending more into the economy.
In the early 1980's, banks lent too much to the third world.
His bank has since lent $20 million to the inner city.
Banks aren't lending the funds they already have on hand.
Banks lent $33 billion in April, a 4.1 percent increase from the month before.