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overexpand

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See: overextend


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269, 269-70 (1988) (arguing that the compensation requirement has the effect of "disciplining the power of the state, which would otherwise overexpand unless made to pay for the resources that it consumes"); see also Garnett, supra note 294, at 951; Christopher Serkin, The Meaning of Value: Assessing Just Compensation for Regulatory Takings, 99 NW.
269, 269-70 (1988) (noting that the compensation requirement "disciplin[es] the power of the state, which would otherwise overexpand unless made to pay for the resources that it consumes").
Just because fiduciary bank money may be issued in a manner that does not contribute to the business cycle, it does not follow that banks cannot overexpand credit in practice.
 
 
 
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