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A comment on Say Hello to Full Employment. Parent comment
QE did not cause subprime loans - QE was the response to the effects of the subprime loan era.
There was no QE before the liquidity crisis and subsequent economic recession, although it had been discussed academically.
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QE did not cause subprime loans - QE was the response to the effects of the subprime loan era.
There was no QE before the liquidity crisis and subsequent economic recession, although it had been discussed academically.