It is already considering the merits of getting a functioning capital market to sit alongside the banking system.

ECONOMIST: But in Asia they will take time to build

For example, toast and jam or toast with honey is more likely to sit well with your system.

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In effect, these efforts had diluted the effect of quantitative easing, by increasing the chance that the extra cash the Bank had injected into the system would sit idle on bank balance sheets instead of being re-lent.

BBC: The Bank's push to ease credit