Print books are also the most popular choice when people want to borrow or lend a book.
In such a market, anyone can borrow or lend as much as they want at the going rate of interest.
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How steadily it recovers depends to a large extent on whether its financial institutions and their customers borrow and lend sensibly.
They can borrow and lend using the gold-linked currency of denomination, or simply use it as a basis for pricing goods and services.
After all, isn't that what the Libor rate is supposed to reflect - the rate at which banks are able to borrow and lend from each other?
Banks continue to borrow and lend money.
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Former Bush economic adviser Larry Lindsey recently came up with a good idea in the Wall Street Journal to unclog the tightening credit arteries: Allow manufacturers and retailers to open up their own in-house banks or financial institutions that could borrow and lend money.
We're in the same boat already with the Spaniards and the Italians and, to a much lesser degree, the Greeks -- and not because of the way the U.S. government taxes and spends, but because of the way world financial institutions borrow and lend.
So, what a bank actually does is borrow short and lend long: Brad Delong has used this as a definition of a bank.
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That means countries with bigtime deficits and fiscal problems, which may soon seek bailouts themselves, are going to borrow money to lend to Greece.
They had made two "slightly unsophisticated" errors, he said, which were to "borrow short and lend long" and to lend "very, very large amounts of money to people who could not pay them back".
We are experiencing something very similar to what happened in 2007-8, when it became increasingly hard for banks in the developed west to borrow and to lend, and that credit crunch transmuted into banking crisis, which transmuted into the worst recession since the 1930s.
But the Federal Reserve had already started raising short-term interest rates, flattening the yield curve, the difference between short and long rates. (Since banks borrow short and lend long, their margins are higher when the curve is steep.) When this began eating into lenders' profits, they reacted by pushing subprime rates back up.
Once you have linked to Facebook and Twitter and set up email contacts, you can lend and borrow books, recommend books, and share favorite quotes with your friends.
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If you lend or borrow large amounts or for long periods of time then the arrangement fee becomes negligible as a percentage of the loan and thus the APR falls.
Borrow at 1% and lend out at in this case 5 or 6 or even 7%.
The group is thriving now because they are able to borrow at low rates and lend, typically in the form of mezzanine and term loans, at higher rates.
Eurozone banks may then find it even hard to borrow, and therefore to lend, potentially sparking a second credit crunch, where bank lending effectively dries up, hurting the economy further.
It encourages people to lend instead of borrow.
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You'd need something like turning the EFSF into a bank, which could borrow from the ECB to lend to governments (I wrote about this idea in September - see Central banks and the 'spirit of 2008' ).
They would borrow from the wholesale markets, lend, then bundle the mortgages into bonds and sell the bonds.
And, to say it again, when banks can't borrow, they can't lend.
There is a risk that, if allowed to borrow from abroad, Vietnamese companies might borrow too much and investors might lend too willingly.
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And until we can return to housing-market stability, banks can borrow for next to nothing and lend at rates once charged only by Mafia loan sharks.
Creditworthy companies are running down their assets rather than taking on more debt, while firms that do want to borrow are often too risky to lend to.
On the consumer banking side, a more normal yield curve would benefit banks like Morgan Stanley due to a better lending environment as banks can borrow short-term rates and lend long-term.
But the fundamental problem remains - that the companies to which the banks want to lend do not want to borrow.
In shared office space Urban Station Palermo Soho has bikes to lend patrons who come in to borrow their Internet.
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