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without easy credit creation a true bubble cannot occur. That is why so many...
Author:
Niall Ferguson
Book:
The Ascent of Money: A
Viewed:
57 -
Published at:
2 years ago
without easy credit creation a true bubble cannot occur. That is why so many bubbles have their origins in the sins of omission or commission of central banks.
( Niall Ferguson )
[ The Ascent of Money: A ]
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