Monday, Jan 04, 2010
Cheap money may not have been "The Problem", but it must have helped!
Bloomberg: Bernanke Says Regulation Came ‘Too Late’ to Curb Housing Bubble
Federal Reserve Chairman Ben S. Bernanke said low central bank interest rates didn’t cause the housing bubble of the past decade and that better regulation would have been more effective in curbing the boom.
Posted by karma4all @ 11:47 AM (425 views) Add Comment
3 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. paul said...
This is Bernanke saying "You know how everyone's blaming central banks? Well ummm ... LOOK OVER THERE!"
2. estrader said...
http://www.youtube.com/watch?v=NZHGtbGJ16c
Enough said.
3. icarus said...
It was the cunning Asians, who "saved too much".