Political Quotes

Pat Toomey: “So it seems that a problem with inadequate liquidity is that the rate that is determined might not accurately reflect…”

On the recordNovember 1, 2021
So it seems that a problem with inadequate liquidity is that the rate that is determined might not accurately reflect actual borrowing and lending costs.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Toomey discusses issues with LIBOR's liquidity affecting borrowing costs.

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