User 447201

Commercial Real Estate Bubble Is Set to Burst

"Like all things that were the result of the artificial Keynesian policies that have been running our nation"

and

"As mentioned, the commercial real estate sector was built to service Greenspan’s bubble"

Contradict each other - Greenspan was a monetary policy junky from the Friedman camp.... he is decidedly NOT a Keynesian.

In fact, Keynesian policy explains the bubble perfectly - it is the only model that does explain bubbles (or at least with a modified Keynesian approach). The Friedman group believes that self-regulated rational markets could never be over inflated.

If you want to say that loose monetary policy caused the real estate bubble you have a sound argument. However, blaming KEYNESIAN policy makes you look just as foolish as Diana Olick