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libertyfan101
11-02-2011, 07:38 PM
Bubble.

I'm currently involved with a "more government and regulations" debater. Need a good source explaining how the government and the Fed created the bubble.

roughridersten
11-02-2011, 09:40 PM
Searching Mises.org for various topics is a great place to get information. For example, "housing bubble", "CRA", "Freddie Mac". If you are looking for a book, "Meltdown" by Thomas Woods does a great job of explaining all of the issues in easy to understand terms.

TheBlackPeterSchiff
11-02-2011, 09:59 PM
check out that Mortgage bankers speech by Schiff.

emazur
11-02-2011, 11:00 PM
http://www.freedomworks.org/crisis

Zippyjuan
11-02-2011, 11:03 PM
Exactly when the bubble started is difficult to say since it began growing slowly but it burst in 2006.

It is audio, not video, but I though this did a pretty good job of explaining some of it.
http://www.thisamericanlife.org/radio-archives/episode/355/the-giant-pool-of-money

Thoughts from several economists on the Fed's impact:
http://blogs.wsj.com/economics/2010/01/12/economists-views-on-interest-rates-housing-bubble/

Was the Fed keeping interest rates low? A chart of the Prime lending rate set by the Fed:
http://www.moneycafe.com/library/primerate.htm

http://www.moneycafe.com/library/ratecharts/ratecharts18.gif

As can be seen here, the Fed was actually raising their interest rates as the housing bubble grew- doubling them from 2004 though 2006. They started lowering rates in 2008- after the housing bubble had already burst. But it should be noted that mortgage rates do not necessarily follow the Fed's interest rates. Instead, they more follow mid- range (roughly 10 year) Treasury note rates. The Fed does not set those rates- they are determined via auctions conducted by the Treasury. Long term interest rates are even lower now but demand has continued to fall or be flat in most markets.

iamse7en
11-03-2011, 01:09 PM
Read these two by Robert Murphy:

Evidence that the Fed Caused the Housing Bubble: http://mises.org/daily/3252

Did the Fed Cause the Housing Bubble? http://mises.org/daily/2936