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Need to brace for 'tapering'

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Asset bubbles could trigger systemic risks

Korea, like most other industrialized countries, is struggling with excess liquidity amid the COVID-19 pandemic. The country's money supply, as measured by M2, amounted to about 3,101 trillion won ($2.75 trillion) as of Aug. 31, up 9.5 percent from a year ago. This represents an increase of over 9 percent for five months in a row since April. Household loans soared by 9.6 trillion won in September after posting the biggest rise in August.

In a recent financial forum,........

© The Korea Times

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