“A group of bankers have just dumped two more problems on the Federal Reserve’s plate. The Federal Advisory Council, made up of 12 bankers who meet quarterly to advise the central bank, warned that farmland prices are inflating ‘a bubble’ and growth in student-loan debt has ‘parallels to the housing crisis,’ which was the primary cause of the Great Recession in the U.S. Bernanke has dismissed parallels between student lending and the subprime mortgage crisis.”
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