[lbo-talk] Discontinuance of M3 - Hang On

Doug Henwood dhenwood at panix.com
Fri Nov 18 10:00:39 PST 2005


Charles Brown wrote:


>What are acts by the Fed or other financial institutions that can be said to
>impact adversely large numbers of debtors and other commoners ?

They shouldn't have let the home equity bubble get so out of hand, and Greenspan shouldn't have encouraged it (as he did the stock bubble). But that's hard to put on a placard.

Doug



More information about the lbo-talk mailing list