Small-business loans: Strip clubs, marijuana stores need not apply
Small-business loans: Strip clubs, marijuana stores need not apply
- April 22, 2020
- Gary Richardson, economics, The Wall Street Journal, April 22, 2020
Government provisions against loans to speculative businesses reach back to the early 20th century, says Gary Richardson, an economic historian at the University of California, Irvine, and have been added to most every lending institution created afterward, including the Federal Reserve.
For the full story, please visit https://www.wsj.com/articles/small-business-loans-strip-clubs-cannabis-shops-need-not-apply-11587573925.
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