Political Quotes

Kent Conrad: “I believe it is a combination of a very loose monetary policy, a very loose fiscal policy, a very loose trade policy…”

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
Source
congress.gov

Editor's note · Context

Conrad discusses the causes of economic bubbles and their consequences.

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