3 ms·
It's an analogy. 2008 was caused by inflated housing prices. ZIRP reinflated the housing bubble. This caused people to not be underwater on their mortgages, bu
by AnthonyMouse 2y ago
It's an analogy.
2008 was caused by inflated housing prices. ZIRP reinflated the housing bubble. This caused people to not be underwater on their mortgages, but now we have an even bigger housing bubble than we did to begin with.