A long-term solution to a bubble-bust event often usually takes care of problems better than does a short-term panacea or band-aid.
Apart from those called in to do the short-term, patchwork remedies, If there has to be basic blame for recent bubbles in the U. S. it can be placed on the heads of the governors of the Federal Reserve. They are the guilty, who have made money too cheap. That is always the fuel for a bubble.
Bubbles can be dampened when the availability of currency is tightened. However, the opposite monetary policy has been the story in U. S. bubble experience. ( See the Earl J Weinreb NewsHole® comments.)
No comments:
Post a Comment