How banks promote Inequality 

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How banks promote Inequality 

The rich have deep roots with banks and own real estates and other assets which they use as security for loans. This is not available to the poor section of our community. This is the same situation with large companies which are well established. It is easy for them to raise finances required to expand their businesses. These loans make it possible for the rich people in the society to invest in capital goods when the economy is doing well (boom).

 

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Editor-in-Chief

Geoffrey Kerosi is a prolific economics writer and an avid reader in economics, finance, business, politics and technology. He holds bachelors' Degree in Economics and Statistics from Kenyatta University. He has over 4 years of extensive experience working as a Policy researcher and Budget Analyst for Civil Society in Kenya. Contact: Email: geoffrey.kerosi@gmail.com Phone: +254 713 639 776 (Whats-app only) Twitter: @gkerosi

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