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2016-10-09 — wallstreetexaminer.com
``But why was M2 Money Stock increased so rapidly [after 1986]? Was it because the economic boom that started in the early 1980s had finally run out of gas? The answer is yes. But to keep the 1980s economic boom going, the Federal government resorted to monetary expansion and credit bubbles, such as 1-4 family mortgage refinancing growth. Â ''
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