cheap money

The answer seems to be an abundance of cheap money, which lured investors into complacency.

Because the logic of cheap money makes it really easy to leave common sense at the spreadsheet door.

Yet at least a fragile sort of optimism has surfaced, born of ultra-cheap money and relief at having avoided a depression.

Rapid growth, they claimed, had been a sham based on governments pouring cheap money into favoured firms.

Cheap money is often the problem.

But one thing hasn't changed: All that cheap money is sloshing its way into unintended investments -- including red-hot tech startups.

And the state, at least through provincial governments, continues to shovel cheap money at favoured companies.

Much of this cheap money was squandered, as prestigious offices and swanky apartments sprouted across the region.

It helped the banks make their way out of a hole by supplying them with cheap money and relieving them of some of their bad assets.

Behind the shelter of a floating pound, Britain was "free to pursue cheap money policies designed to stimulate domestic economic activity. "

Think about cheap money from the perspective of the person or country that holds it for a moment.

The absence of cheap money could also remind Washington that it needs China's savings to help fund its large deficit.

So it looks as though cheap money stopped markets taking all the medicine they needed.

The repeal of the Glass-Steagall Act, coupled with cheap money and tolerance for ever greater risk, led to this situation.

Although the plane was coupled with a high floor of money, but compared to two bedstead or cheap money.

That keeps everyone happy; the politicians get cheap money; the commercial banks make money; and the central banks keep the system liquid.

With cheap money circulating in the system, commodities still will be sought after as a risky asset.

Since the bursting of the dotcom bubble, central banks have pumped out cheap money.

The United States got cheap money, which we could use to finance construction of houses and also high levels of consumption.

where its own cheap money policy has created a flood of liquidity outside its borders, through the carry trade.

Those interventions, by shoring up stockmarkets with cheap money, have made life even more difficult for the bears.

Those interventions, by shoring up stock markets with cheap money, have made life even more difficult for the bears.

But analysts say access to cheap money will only get China's alternate energy firms so far.

China needs to avoid the lethal combination of cheap money, leverage and one-way expectations, particularly in property, that hit the west.

Cheap money may also delay a cleaning-out of bad debts from the banking system.

Just like fake baby milk looks just like real milk. I am appalled by the cheap money grabbing antics of these fakers .

But cheap money has a way of distorting analysis so that it comes out the way you want.

Cheap money pushed the oil price to unbearable levels, reigniting fears of inflation, and piling pressure on beleaguered banks.

Immunised by pessimism-beating cheap money and higher government spending, confidence has returned.

There was a lot of cheap money around, and it needed to be reinvested.

Not only that, but because there was a lot of cheap money, investors were constantly seeking increased returns.

Cheap money, after all, results in expensive assets, as the bubble in stocks then houses showed.

Cheap money results in excessive bank lending and poor investment decisions, which could lead to an increase in non-performing loans.

'It is quite obvious that cheap money would make the deal more lucrative for Chinese buyers, ' Mr. Medvedev added.

The result was a world awash in cheap money, looking for somewhere to go.

Cheap money has encouraged households, especially American ones, to borrow and spend lavishly.

As long as America can get cheap money from abroad, it has little incentive to rebalance its economy.

Much of the cheap money recycled from the saving countries found its way into housing and other assets in the West.

Cheap money has accelerated the process. If the script plays out like other booms, eventually the bubble will burst.

The particulars of cheap money are different this time, but the logic is dishearteningly similar.

Cheap money would result in higher prices, leaving unemployment unchanged.

A significant portion of the river of cheap money flowed into commodity markets.

It hated having to keep rates low, fearing that cheap money can cause bubbles in real estate, in capital investment and in the carry trade.

The banks' course was made possible by cheap money, facilitated in turn by low consumer-price inflation.

This flood of cheap money, so the argument goes, has sent investors into hard assets, especially oil.

Without cheap money the slump would have been even deeper.

Right now, the Fed can fund that with extremely cheap money -- it borrows from banks for next to zero.

Each financial innovation that came along became the object of speculation that was fuelled by cheap money.

The flip side of cheap money is that it distorts investment decisions, usually to the benefit of the seller.

The big policy issues for China's stock market this year all concern cheap money.

Cheap money and negative real interest rates lead over time to frothy speculation and inflation.

Cheap money has helped fuel the rally in riskier investments over the past year.

The OECD said that extremely aggressive policy centred on cheap money should stay in force.

And cheap money and Asian savings also played a starring role in the credit boom.

The remedy of cheap money can still relieve economic malaise.

It's always the case that cheap money flows to malinvestment.

The world is still awash in cheap money.

With supply soaring, only cheap money kept the game going.

For now, though, the dollar holds the cheap-money prize.

In fact, several other emerging markets have cheap money.

A continuation of booming growth and cheap money will cause trouble in the end.

The bad news is that there will be no cheap money for supporting overvalued asset prices any more.

The crash has been blamed on cheap money, Asian savings and greedy bankers. For many people, deregulation is the prime suspect.

Money is cheap, no more cheap money.

Since it can't all be put to productive use, much of the cheap money finds its way into stocks.

But in the short term, cheap money is a potent force.

The Federal Reserve and other central banks flooded the world with cheap money.

But this cheap money sparked a new wave of risk taking.

Without a long drawn - out period of cheap money from the government , the bulls' case begins to fall apart .

One element driving this is cheap money and negative real interest rates, with inflation running at 3%.

Now, cheap money is inflating the future supply of iron ore.

This is partly due to America's quantitative easing: cheap money will encourage investors to seek higher yields where they can find them.

Particularly risky are programs where the government lends cheap money to private investors to buy loans and securities.

Fueled by cheap money, open interest in gold futures has jumped 25% in the same time period.

But this is where cheap money comes in.

Of course, this need not stop a backlash against the Chinese using cheap money to buy business.

Cheap money tends to seek out the highest returns it can find, and Hong Kong, for many, offers an easy way to play growth in China.

Cheap money led to the wholesale underpricing of risk

that prompted the Federal Reserve and other central banks to flood the market with cheap money, just in case;

A world of cheap money