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HOCK LOCK SIEW

The Fed should raise rates next week

Thursday, September 15, 2016 - 05:50
39530415.1 (39644334) - 26_08_2016 - FILES-US-ECONOMY-BANK-RATE.jpg
It's quite ironical and even funny when you think about it - lax monetary policy and unbridled deregulation by the Greenspan Fed in the late 1990s and early 2000s spawned a massive property bubble in US real estate whose crash later triggered the sub-prime crisis, and this prompted the Bernanke Fed to employ even more lax policies to bail everyone out and prop up a cratering and crooked US financial system.

IT'S quite ironical and even funny when you think about it - lax monetary policy and unbridled deregulation by the Greenspan Fed in the late 1990s and early 2000s spawned a massive property bubble in US real estate whose crash later triggered the sub-prime crisis, and this prompted the Bernanke

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