Raise Interest Rates, and Make OPEC Cry

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How on earth can you say that lower interest rates caused the subprime crisis? Moron borrowers and stupid lenders caused the subprime crisis, and the current low interest rates are in effect to try to bail them out.
They are wasting our money on their stupidity. An uneducated person could say that higher interest rates caused the subprime crisis, but it was the lending, not the interest rates that killed us.

Joe of NJ 11:00AM July 08, 2008

Well, slashing interest rates is what led to the subprime crisis to begin with. So, blame Greenspan for weakening the dollar by keeping interest rates low, which led to the subprime crisis, which led to more interest rate cutting, which led to a weaker dollar, which led to higher energy prices. It sucks how feedback loops work.

Chris of AZ 3:00PM June 23, 2008