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I'm not so sure. Central banks helped cause the 08 crisis by lowering interest rates after 9/11 and encouraging a housing bubble. Their response to the 08 crisi
by sbardle 11y ago
I'm not so sure. Central banks helped cause the 08 crisis by lowering interest rates after 9/11 and encouraging a housing bubble.
Their response to the 08 crisis (bailing out the banks, ultra-low interest rates, QE) may have laid the ground for an even bigger crisis further down the road.
All this is good news for alternative currencies IMO.