1 min readMar 21, 2020
I like the name of your subject, but you need to read and understand the original source, E. C. Harwood.
And especially Harwood’s description of The Lost Art of Commercial Banking.
Your errors are numerous and you should be able to self-address them once you understand the innovation of self-liquidating commercial paper. There is such a thing as creating non-inflationary purchasing media. Moreover, it is not created ex nihilo but from new products being offered in the marketplace. I look forward to your revisions.
UGLY
