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Stronger regulation and supervision aimed at problems with underwriting practices and lenders’ risk management would have been a more effective and surgical approach to constraining the housing bubble than a general increase in interest rates.

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Ben Bernanke

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The best solution to income inequality is providing a high-quality education for everybody. In our highly technological, globalized economy, people without education will not be able to improve their economic situation.

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Building a rainy-day fund during good times may not be politically popular, but it can pay off during the bad times.

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April 23, 2024

Building a rainy-day fund during good times may not be politically popular, but it can pay off during the bad times.

Previous

April 23, 2024

The best solution to income inequality is providing a high-quality education for everybody. In our highly technological, globalized economy, people without education will not be able to improve their economic situation.

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