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35
Were call loans helpful in fueling the bull market?
According to White, they weren't. From 1922 to 1929, the demand for loans increased dramatically, causing call loan rates to increase. This drew more credit into the marketplace.
Karteninfo:
Autor: savhighsmith
Oberthema: Economics
Thema: History of Economics
Schule / Uni: UGA
Ort: Athens
Veröffentlicht: 11.12.2010