An article in the New York Times in 2012 observed: Older Americans and other savers are just

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An article in the New York Times in 2012 observed:

Older Americans and other savers are just unintended casualties of policies aimed at other economic targets, particularly the policy making it easier for consumers and companies to borrow.

a. What policies have made it easier for consumers and companies to borrow?

b. How have these policies made casualties of older Americans and other savers? Why would older Americans in particular be casualties?

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Money Banking And The Financial System International Edition

ISBN: 978-1292000183

2nd Edition

Authors: R. Glenn Hubbard ,Anthony P Obrien

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Question Posted: Mar 15, 2024 12:00 AM

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An article in the New York Times in 2012 observed: Older Americans and other savers are just

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a Several policies implemented by central banks and governments have aimed to make it easier for consumers and companies to borrow Monetary Policy Cen...View the full answer

Money Banking And The Financial System International Edition

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