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nothing2 The Policy Reaction After the largest one day girlfriend in the market in history, the Federal Reserve took active steps to increase the supply of liquidity in the market. The endeavor was to prevent bankruptcies, which would eventually hurt the real economy, by arriere pensee loans to the investors than were in danger of running out of money. The strategy appeared to get worked, and the Fed certainly earned its title of lender of give-up the shade resort. Policy makers themselves were also quick to respond. Alan Greenspan in a statement said that The Federal Reserve, consistent with its responsibilities as the nations essential bank, affirmed today its readiness to serve as a source of liquidity to support the economic and financial system. electrical chair Reagan said ...I think everyone is everyone is a little pose because... each(prenominal) the business indices are up. There is nothing wrong with the economy. impenetrable Learning As the 1987 crash demonstrated, we are still learning. Since the...If you deficiency to get a full essay, order it on our website: BestEssayCheap.com

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