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Those successes — or so they believed — were both theoretical and practical, leading to a golden era for the profession. On the theoretical side, they thought that they had resolved their internal disputes. In , Ben Bernanke, a former Princeton professor who is now the chairman of the Federal Reserve Board, celebrated the Great Moderation in economic performance over the previous two decades, which he attributed in part to improved economic policy making. During the golden years, financial economists came to believe that markets were inherently stable — indeed, that stocks and other assets were always priced just right. There was nothing in the prevailing models suggesting the possibility of the kind of collapse that happened last year. Meanwhile, macroeconomists were divided in their views. But the main division was between those who insisted that free-market economies never go astray and those who believed that economies may stray now and then but that any major deviations from the path of prosperity could and would be corrected by the all-powerful Fed.

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Charlie Munger's Latest Interview - Money Printing Economy Disaster Explained The Answer To Wannabe Collapse The Economy.

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Which of the following was a reason for the collapse of the Soviet Union? A flawed, underperforming economy B. A weak military situation D. Too much support for religious beliefs.

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A flawed, underperforming economy was a reason for the collapse of the Soviet Union. Search for an answer or ask Weegy. There are no new answers. There are no comments. Add an answer or comment.

Log in or sign up first. Weegy: The base of a cone can be an ellipse. Mi Ming. Https://amazonia.fiocruz.br/scdp/blog/gregorys-punctuation-checker-tool/the-integration-of-maslow-s-hierarchy-of.php child standing on a bus remains still when the bus Answed at rest. When the bus moves forward and then slows down, the child continues moving forward at the original speed. This is an example of Newton's First Law of Motion.

Weegy: The Phoenician society was known for its trade networks spread throughout the Mediterranean Sea.]