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The Bubble in Bubble-Talk: A Disconnect from Fundamentals

More evidence of a bubble in bubble-talk:

In June, the term “housing bubble” was used 312 times in American magazines and newspapers. That’s up sixfold from a year earlier.

If bubble-talk rises at a faster rate than the asset price inflation it purports to describe, doesn’t that mean it has no basis in fundamentals?!

posted on 24 August 2005 by skirchner in Economics

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