From June of 2004 to July of 2006, as the subprime bubble was inflating, the Fed raised the interest rate 17 times consecutively – a textbook policy of monetary tightening, unprecedented at the time, which should have restrained credit creation.
—
George Calhoun,
Forbes.com,
26 June 2026
Authorities said Veit restrained the girl before placing her inside the dryer.
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