Bubble economics

Story date: 2008-01-17 06:08:00
Added on: 2008-01-17 20:00:23

Guardian Unlimited - ... raised interest rates ... for the current crisis. Greenspan, always accommodating to the needs of Wall Street, worked on the principle that the best way to cope with the collapse of one bubble was to blow another one. In 2003, the Fed cut interest rates ...


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