Brazil's central bank announced it would cut reserve requirements on demand deposits under specific conditions to free up around 15 billion Reais (7.3 billion dollars) for lending in a move aimed at boosting investment in the stagnating economy. Read full article
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Disclaimer & comment rulesWealth for all people! Democracy and education (segurança e saúde) for all people. Prefeituras are corrupts, States are half-corrupts.......Brasil need change......paredón to corrupters (ativos e passivos)!
Dec 29th, 2012 - 05:28 pm - Link - Report abuse 0Seems like a good policy- investment, not austerity, boosts growth
Dec 29th, 2012 - 11:11 pm - Link - Report abuse 0@2 Investment is fine, if you have money to invest. If you spent all your money on creating jobs for lazy people just to take them off the statistics by bloating the civil service beyond all proportions, then you're taking away the money you need to invest in order to subsidise nonsense, and are ultimately stealing from future generations. True investment delivers value, blairite nonsense does not.
Dec 30th, 2012 - 03:19 pm - Link - Report abuse 0FYI. Your economic knowledge is pyss-poor.
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