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behaviors. But starting with 2000, it is observed a credit channel reactivation and, especially, interest rate channel. Anyhow …, the credit channel continues to be undermined by the existence of liquidity surplus within the system, by the phenomena of … substitution of national currency credit with currency credits, and also moral hazardous displays. Albeit some of these phenomena …
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Market economy is characterized at a time, among others, by the existence of twopartners, so that one has some money, a certain amount of capital, and one needs money. The first has money and wants to capitalize on them as possible, and the second wants to enter into possession of a capital base...
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: expression of a subjective right; justification of an interest to act; existence of the capacity of exercise and; the existence …
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