" It's also proposing changes to its site governance process, including a shift away from its current voting method for feedback on policy changes, which it says "incentivized the quantity of comments over their quality.
He said the company had introduced the policy in response to customer feedback, to make sure "that customers who are good payers, and pay on time, do not subsidise the customers who are late payers".
Tighter monetary policy would then have made an adverse feedback loop more likely: The greater uncertainty about asset values would raise credit spreads, causing economic activity to contract further, thereby creating more uncertainty, making the financial crisis worse, causing the economic activity to contract further, and so on.