Artificial credit expansion — credit not funded by savings — creates the business cycle by spawning capital malinvestment.
虚假
贷膨胀——不
通过储蓄创造出
贷——通过制造了大量资本错误投资而导致了商业周期。
Artificial credit expansion — credit not funded by savings — creates the business cycle by spawning capital malinvestment.
虚假贷膨胀——不通过储蓄创造出贷——通过制造了大量资本错误投资而导致了商业周期。
Corporate crime—committed by businesses—should not be confused with white-collar crime, which refers to the occupation of the perpetrator and may be directed against a business.
公司
罪不应与白领罪混淆，后者指罪者职业，其罪行可
对企业。
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