ST Alpha - "He would say that, because he was the one who kept interest rates too low, which meant that money was too cheap, which meant that" (Reading a Post)

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He would say that, because he was the one who kept interest rates too low, which meant that money was too cheap, which meant that

Posted by Roger More (aka RogerMore) Oct 23 '08, 09:46

people borrowed money and put it into assets they thought would icnrease in value which led to an asset bubble which has now burst.

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