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Blob

Smart Reasoning:

C&E

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Qaagi - Book of Why

Causes

Effects

The Fed ’s actionshave createdasset bubbles

the central banks ’ monetary policieshave createdasset bubbles

Schäuble : Central banks should helppreventasset bubbles

Fed policy as a concern(passive) caused byasset bubbles

the central banks ’ effortsto createasset bubbles

the Fed interveneto preventasset bubbles

central banks are colludingto createasset bubbles

the major central banks(passive) created byThe asset bubbles

all central banks triedto createasset bubbles

the Federal Reserve and other central banks(passive) created bythe asset bubbles

Fed EasingCould CreateAsset Bubbles

Any effort by the Fedto preventasset bubbles

the Fed ... includespreventingasset bubbles

the Fed could doto preventasset bubbles

Fed TacticsWill CauseAsset Bubbles

Fed chairwill preventasset bubbles

whether the Fed has helpedcreateasset bubbles

recessions ... easy - money policiescreateasset bubbles

the prolonged period of low interest rateshas createdasset bubbles

current Fed policy ... while it riskscreatingasset bubbles

 Fed ’s “ easy ” policycould createasset bubbles

the Fed 's quantitative easingwill ... createasset bubbles

quantitative easing and low interest rates(passive) created byasset bubbles

the Fed ’s easy - money policies ... excessive risk - takingwas creatingasset bubbles

central banks and other government entities(passive) created byasset bubbles

capital inflows and low interest rates(passive) caused byasset bubbles

credit expansion driven by the central banks(passive) are created byasset bubbles

the FED ’s QE programcreatingasset bubbles

Aggressive monetary policiescan createasset bubbles

expansion monetary policiesare creatingasset bubbles

the central banks around the globe(passive) created bythe asset bubbles

Central banks ’ money - printinghas createdsizable asset bubbles

the economic distortions of central banks(passive) created byasset bubbles

not the job of the State and the central banksto preventasset bubbles

too little , too late … Dovish Fedcreatingasset bubbles

Germany 's Schaeuble : Central banks should helppreventasset bubbles

the mythical " full employment ... the Fed 's easy money policieshave createdasset bubbles

Another criticism on the Fed / monetary policy ... that it failedto preventasset bubbles

The Fed and BOJ easy moneycreatedasset bubbles

historically low interest rates(passive) created byasset bubbles

the last two recessionscausedthe last two recessions

to deep , protracted recessionsleadto deep , protracted recessions

to the 2000 and 2008 recessionsledto the 2000 and 2008 recessions

tо busts that turn into economic recessionsleadtо busts that turn into economic recessions

in stock market crashes and recessionsresultedin stock market crashes and recessions

The two most recent U.S. recessions(passive) were caused byThe two most recent U.S. recessions

the last two U.S. recessions(passive) were caused bythe last two U.S. recessions

the last two US recessionscausedthe last two US recessions

Our impending recession(passive) will be caused byOur impending recession

indicators of recessioncan be leadingindicators of recession

a national recession(passive) caused bya national recession

The Japanese recession(passive) was caused byThe Japanese recession

in all the monetary recessions we have experienced in the last 50 yearsresultin all the monetary recessions we have experienced in the last 50 years

The bear markets and recessions that occurred in 2000 and 2008(passive) were caused byThe bear markets and recessions that occurred in 2000 and 2008

recessions and high rates of unemployment , not the other way roundcauserecessions and high rates of unemployment , not the other way round

to the 2008 global financial crisisledto the 2008 global financial crisis

to yet another severe recessionleadingto yet another severe recession

to a severe global recessioncan leadto a severe global recession

up to 07 - 08 recessionwere createdup to 07 - 08 recession

The Great Depression and the Great Recession(passive) were triggered byThe Great Depression and the Great Recession

in the 1920s , 1980s , 1990s and 2000s all culminated in financial crises and recessions / depressions of greater or lesser length and intensitycreatedin the 1920s , 1980s , 1990s and 2000s all culminated in financial crises and recessions / depressions of greater or lesser length and intensity

financial instability and potentially another crisiscould causefinancial instability and potentially another crisis

to the current financial crisisledto the current financial crisis

up for a new financial crisissettingup for a new financial crisis

due to financial crisiscauseddue to financial crisis

a new phase to the global financial crisiscould triggera new phase to the global financial crisis

of keeping interest rates too low for too longcould resultof keeping interest rates too low for too long

financial instability when they unavoidably burstcould causefinancial instability when they unavoidably burst

the U.S. economy up for another recessioncould setthe U.S. economy up for another recession

Both the Great Depression and Great Financial Crisis(passive) were triggered byBoth the Great Depression and Great Financial Crisis

the potential for a future financial crisiscreatethe potential for a future financial crisis

to economic bustsleadto economic busts

to price inflationcould leadto price inflation

to economic problemscan leadto economic problems

to future crashescould leadto future crashes

artificial growth that was unsustainablecreatedartificial growth that was unsustainable

as a result of these policieshave been createdas a result of these policies

to financial and economic crisisleadingto financial and economic crisis

a wealth effect that is limited to the top 10 % of households ... and is highly concentrated in the top .01 % of householdshave createda wealth effect that is limited to the top 10 % of households ... and is highly concentrated in the top .01 % of households

another crisis some daycould triggeranother crisis some day

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Smart Reasoning:

C&E

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