Era of Easy Finance, what does this describe?

Question

If you were to give a definition of this what would it be, my economic notes just state that it was in the post WWII era from 1941-1986, but I can't find anything that specifically says the characteristics of this "era". I'm just unsure of what exactly the era of easy finance describes?

this isn't a homework question or anything I just want to know because I'm studying for an exam and I can't find anything in my notes, books or google that mention this really.

TIA :)

? · Accepted Answer

This signifies steep decline in cost of loans i.e. interest rates. your textbook is rather novice to finance.
 Pre-WWII it was no finance ...economic activities had no consumerism virus. 
 1945 - 1980 it was hard finance
1980 - to date it is soft finance ( thanks to Reagan, Greenspan & Co.)
2013 is end of finance or free finance for Japan because interest rates struck 0%.
( at 0%  why should I lend ?)

Anonymous · Answer

I would put easy finance all the way into 2008
easy or hard finance depends on the relative interest costsinterestt rates skyrocketed in the 80s then fell back down.

learn as much economic history as you can

there is a constant argument if the government should make cheap loans or not

I personally favor the Keynesian idea low rates and high government spending in bad times, higher interest and taxes in good times. minimize the cycles of boom and bust

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Era of Easy Finance, what does this describe?

2 Answers