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trent said |
| 1 year 143 days ago |
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This article is exactly 1 year old but note this paragraph:
"It's unclear now whether the efforts by the Fed to raise interest rates were meant to slow the housing market or to have a tool at their disposal to stimulate the economy again when the market slows down. It's really unclear what their thinking was, whether it was meant to burst the bubble or to have a tool to recover when the bubble bursts. I think most people would believe the latter."
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