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Many believe that Alan Greenspan, as a chairman of FOMC, played a major role in excessive Monetary Policy easing. It may be argued that FOMC reduced Fed Fund target rates too much, making credits very inexpensive and readily available for both the public and businesses, thus creating the apparent housing overpricing.

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Q: Is Alan Greenspan responsible for the current US economy slowdown?
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Why did a slowdown in railroad construction hurt the economy


In the 1990s japan experuenced an economic slowdown because?

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