Thursday, Jul 26, 2007

Increased money supply is cause of house price rises

BBC News: World stocks fall on rate concern

"Over the past few years there has been a boom in company profits, house price increases, and mergers and acquisitions. Driving this have been low interest rates that have made it cheap for companies and consumers to borrow cash and finance purchases."

Posted by tom_1981 @ 10:57 PM (213 views) Add Comment

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