![JRFM | Free Full-Text | Liquidity-Saving through Obligation-Clearing and Mutual Credit: An Effective Monetary Innovation for SMEs in Times of Crisis JRFM | Free Full-Text | Liquidity-Saving through Obligation-Clearing and Mutual Credit: An Effective Monetary Innovation for SMEs in Times of Crisis](https://pub.mdpi-res.com/jrfm/jrfm-13-00295/article_deploy/html/images/jrfm-13-00295-g015.png?1607100267)
JRFM | Free Full-Text | Liquidity-Saving through Obligation-Clearing and Mutual Credit: An Effective Monetary Innovation for SMEs in Times of Crisis
![Wiesbaden, Germany. 31st Mar, 2021. A block of four of a 1 Schilling coat of arms issue in blue from 1850 on a small envelope will be shown at the Heinrich Köhler Wiesbaden, Germany. 31st Mar, 2021. A block of four of a 1 Schilling coat of arms issue in blue from 1850 on a small envelope will be shown at the Heinrich Köhler](https://c8.alamy.com/comp/2F6N3E1/wiesbaden-germany-31st-mar-2021-a-block-of-four-of-a-1-schilling-coat-of-arms-issue-in-blue-from-1850-on-a-small-envelope-will-be-shown-at-the-heinrich-khler-auction-house-the-so-called-rebel-stamps-from-schleswig-holstein-are-among-the-rare-stamps-from-185051-that-will-be-auctioned-in-wiesbaden-on-24-april-the-starting-bid-for-the-rebel-stamps-is-40000-euros-due-to-their-special-history-the-pieces-were-among-the-most-exclusive-classic-german-stamp-issues-of-the-19th-century-credit-arne-dedertdpaalamy-live-news-2F6N3E1.jpg)
Wiesbaden, Germany. 31st Mar, 2021. A block of four of a 1 Schilling coat of arms issue in blue from 1850 on a small envelope will be shown at the Heinrich Köhler
![Holger Zschaepitz on Twitter: "#ECB is reviewing its corporate-bond buying program, looking at effectiveness of the strategy, which has spent >€126bn so far, & how it influences the supply of credit to Holger Zschaepitz on Twitter: "#ECB is reviewing its corporate-bond buying program, looking at effectiveness of the strategy, which has spent >€126bn so far, & how it influences the supply of credit to](https://pbs.twimg.com/media/DPQP1AGXUAIelOL.jpg)
Holger Zschaepitz on Twitter: "#ECB is reviewing its corporate-bond buying program, looking at effectiveness of the strategy, which has spent >€126bn so far, & how it influences the supply of credit to
![How to access the RON 35,000 available through the government's Invest in Yourself program - Business Review How to access the RON 35,000 available through the government's Invest in Yourself program - Business Review](https://media.business-review.eu/unsafe/420x250/smart/filters:contrast(5):quality(80)/business-review.eu/wp-content/uploads/images/news/money/bani.arhivafoto.ro-e1524737017538.jpg)
How to access the RON 35,000 available through the government's Invest in Yourself program - Business Review
![Wiesbaden, Germany. 31st Mar, 2021. A block of four of a 1 Schilling coat of arms issue in blue from 1850 on a small envelope will be shown at the Heinrich Köhler Wiesbaden, Germany. 31st Mar, 2021. A block of four of a 1 Schilling coat of arms issue in blue from 1850 on a small envelope will be shown at the Heinrich Köhler](https://c8.alamy.com/comp/2F6N3FG/wiesbaden-germany-31st-mar-2021-a-block-of-four-of-a-1-schilling-coat-of-arms-issue-in-blue-from-1850-on-a-small-envelope-will-be-shown-at-the-heinrich-khler-auction-house-the-so-called-rebel-stamps-from-schleswig-holstein-are-among-the-rare-stamps-from-185051-that-will-be-auctioned-in-wiesbaden-on-24-april-the-starting-bid-for-the-rebel-stamps-is-40000-euros-due-to-their-special-history-the-pieces-were-among-the-most-exclusive-classic-german-stamp-issues-of-the-19th-century-credit-arne-dedertdpaalamy-live-news-2F6N3FG.jpg)
Wiesbaden, Germany. 31st Mar, 2021. A block of four of a 1 Schilling coat of arms issue in blue from 1850 on a small envelope will be shown at the Heinrich Köhler
![Plauen, Germany. 10th July, 2020. The different products of Rubinmühle Vogtland GmbH from top to bottom: Oat grain with husk, husked grain, oat flakes and oat flour). Saxony's largest oat mill is Plauen, Germany. 10th July, 2020. The different products of Rubinmühle Vogtland GmbH from top to bottom: Oat grain with husk, husked grain, oat flakes and oat flour). Saxony's largest oat mill is](https://c8.alamy.com/comp/2C6YB45/plauen-germany-10th-july-2020-the-different-products-of-rubinmhle-vogtland-gmbh-from-top-to-bottom-oat-grain-with-husk-husked-grain-oat-flakes-and-oat-flour-saxonys-largest-oat-mill-is-expanding-its-location-in-plauen-with-an-investment-of-millions-the-demand-for-oat-products-of-all-kinds-is-constantly-increasing-thanks-to-oats-as-substitute-milk-and-muesli-products-the-mill-produces-40000-tons-of-oat-products-annually-now-another-four-million-euros-are-to-be-spent-on-the-expansion-credit-jan-woitasdpa-zentralbilddpaalamy-live-news-2C6YB45.jpg)