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A comment on The Big Zero. Parent comment

Re:The Big Zero by jbooth on Tuesday December 29, 2009 @01:32PM (#1020973)
That plus the large tax cuts aimed pretty much exclusively at the rich -- give all of the asset holders a bunch of extra liquidity and remove ordinary T-notes as an option by setting rates lower than inflation even while borrowing a ton of money..

You're gonna get a bubble somewhere -- that money has to go somewhere.

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Re:The Big Zero by roc on Tuesday December 29, 2009 @01:52PM (#1021016)
But bubbles in and of themselves don't lead to the systemic crisis we just went through.

There were plenty of policies I disagreed with and plenty more that fueled the bubble. But I was talking specifically about the problems that lead to the credit crisis, paralyzed markets and generally gummed things up above and beyond a popped bubble.

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