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Financial Newsletter for Free Marketeers and Libertarian Entrepreneurs

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Luka Nikolic

A Tale of Two Bubbles: How the Fed Crashed the Tech and the Housing Markets

August 13, 2019 by Counter Markets

By Luka Nikolic Since its founding, the Federal Reserve has had a hand in creating some of the largest bubbles in history. When the bank lowers interest rates, there is excess cash in the economy, making it relatively cheap for anyone to borrow. This creates malinvestment in the economy because while not everyone has profitable ideas, many more people can borrow, causing a … [Read more...] about A Tale of Two Bubbles: How the Fed Crashed the Tech and the Housing Markets

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