The first camp, the alchemists, wants to overcome the restrictions that the zero lower bound (ZLB) imposes on monetary policy. The second, the law and order camp, wants to cancel the primary means of payment for illicit activities.
The environment surrounding corporate financing has generally remained stable so far, including the situation regarding bankruptcies of firms, and industries strongly affected by the spread of COVID-19 appear to be becoming limited. In fact, the issue with corporate financing is shifting from liquidity to solvency. Accordingly, the funding needs of some firms have begun to shift from borrowing to securing capital funds.