How did the high inflation of the 1970s contribute to the savings and loan crisis of the 1980s?

• A. High inflation caused savings and loan banks to become more conservative in their investments.
• B. High inflation led to deregulation, allowing riskier investments by savings and loan banks.
• C. High inflation had no impact on the savings and loan crisis.
• D. High inflation resulted in increased government regulation of savings and loan banks.

Answer: (B)