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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