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Good timing actually - a paper came out today from the Federal Reserve Board. Supports the finding that QE1 and QE3 significantly lowered lending standards and
by cthrow 9y ago
Good timing actually - a paper came out today from the Federal Reserve Board. Supports the finding that QE1 and QE3 significantly lowered lending standards and increased risk taking among banks:
https://www.federalreserve.gov/econres/feds/files/2017093pap.pdf https://www.federalreserve.gov/econres/feds/files/2017093pap...