Very few commentators were warning about the excessively low rates at the time (the Wall Street Journal editorial pages being one exception); like many things leading up to the crisis, the recognition is largely a benefit of hindsight, as the buildup happened quickly before people noticed.

factualpending

Speaker

John Taylor

Evidence Quote

it's interesting there weren't as many as you might think I mean one of the common commentators Walter Journal editorial pages which were very much on top of this... but you like so many things leading up to this crisis is just a few people you can point to that were we're talking about it

Source

John Taylor on the Financial Crisis 07/20/2009EconTalk
Created: 6/15/2026, 9:20:12 AM

My Notes

Loading notes...