Political Quotes

On the recordFebruary 24, 2009
I believe it is a combination of a very loose monetary policy, a very loose fiscal policy, a very loose trade policy, all coupled with deregulation, that created the seed bed for bubbles to form.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Conrad discusses the causes of economic bubbles and their consequences.

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More from Kent Conrad

Sep 6, 2016

There is a societal cost that is sort of hidden, isn't there?

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Apr 4, 2017

I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.

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Sep 6, 2016

People are smart, and if you just share with them the basic information, a lot of people will make a good decision.

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Sep 6, 2016

I have seen retired schoolteachers have to go back to work in their 70's after their husbands have died or their wives have died.

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