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The Great Recession

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Chapter 8 in A Comparative History of Central Bank Behavior, 2022, pp 192-223 from Edward Elgar Publishing

Abstract: The Great Recession was a result of the Fed's mismanagement of another housing bubble in accordance with its three-decade practice of bailing out troubled financial institutions in such a way as to impede private solutions and increase fear and uncertainty throughout the financial markets.

Keywords: Business and Management; Economics and Finance (search for similar items in EconPapers)
Date: 2022
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