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Understanding Asset Bubbles and Risks by Mona Aldarabie is a document available to read on EtoBox.

What is Understanding Asset Bubbles and Risks about?

The document discusses how monetary policy conducted by the Federal Reserve can generate moral hazard by bailing out investors from risky financial decisions. It argues the Fed fueled the recent housing bubble by creating expectations that it would prevent falling home prices, leading investors to take on undue risk. As a result of the housing bubble and subsequent financial crisis, the Fed

Author

Mona Aldarabie

Language

EN