The Commission had learned scholars and practitioners such as Prof. C. K. Prahalad and Mr. Hernando de Soto as members for whose views on poverty alleviation are highly refreshing and I have great respect for them. The Report reflects their views and hence the Report is not only useful but practicable.
Interestingly, however, to the extent that Treasury purchases trigger a financing response on the part of firms, as opposed to an investment response, they may have something of an unintended benefit for financial stability. A major source of problems during the recent crisis was the excessive maturity transformation undertaken by financial firms. Put simply, these firms were relying too much on short-term debt.