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>Broadly speaking we the people cheered for and demanded cheap money. Exactly! We saw what cheap money did to rebound the economy after the 2008 crash - it cr
by NickC25 4y ago
>Broadly speaking we the people cheered for and demanded cheap money.
Exactly! We saw what cheap money did to rebound the economy after the 2008 crash - it created the largest bull run we've ever seen.
Politicians, hoping to keep their jobs (and make sure their trading accounts grew), said "yeah, we'll keep things right as they are" because they didn't want to be the ones that caused a cool down which would in turn cost them their jobs (and insider information).