Restrictive practices favouring the investor


Nature

The regulations which organize and control credit have been defined by the investor with his best interests in mind. Such controls are proscriptive in nature, excluding investments which do not fit into the present procedures even if they meet real needs. The regulations also emphasize the flow of goods rather than the flow of services despite increasing demand for the latter. A condition thus exists where systems of control support the flow of credit to immediate needs to the exclusion of long-range needs.


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