What are 3 points on how easy access to loans are imperative to economic development?

You always need to remember that everything you hear about politics is from the politician's viewpoint, and everything you hear about economics is from the big banker's viewpoint. For example, FHA was touted as "increasing the opportunities for home buying" but in fact it was made to increase the opportunities for home *lending*. The viewpoints are very different.

You see this sort of thing all over the world. Investment suddenly takes off in some uninhabited corner of the world and they built incredible examples of architecture with people wearing solid gold shirts and stuff like that. Or in America, there is a boom in computers or apartment buildings or brand new suburbs, and after a while it all collapses and the banks foreclose. Banks do not need money to make loans, so the banks end up owning large amounts of land and companies. In some cases they own whole countries. This is commonly called "inflation" but it is in fact counterfeiting because the banks do not actually put up any money. They only lend credit.

A good site to learn this business is www.mises.org (economics) and another similar site is www.fee.org (politics). Both sites have a lot of free material you can study.