The ‘Great Moderation’ and Financialization

The “Great Moderation” brought with it only moderate economic growth. However, it was accompanied by a credit inflation that was anything but moderate. With the unprecedented growth of the credit system came a considerable increase in the role of interest-seeking loan capital.

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2 thoughts on “The ‘Great Moderation’ and Financialization

  1. Hi Sam, looks like there was an error when you submitted this. The title is ‘the great moderation’ but when you click to read the article the body is identical to last months ‘Palestine’ article

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