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Discussion
Response-Government and Banking
Post 1
The post advocates for a
balance between banks and government on matters of providing loans; this has a
potential negative impact because involving government in the money leading
industry is likely to impact fear among banks. Banks should operate
independently, and they are not likely to take advantage of customers due to
increased competition. Every bank has to behave well to retain customers.
Post 2
However well banking
institutions may conduct themselves; I always have a feeling that they can mess
up the money circulation in our country. If the government does not provide
lending limits, banks can disperse too much money into the circulation of the
economy leading to flooding of cash. This situation may lead to currency
devaluation.
