4 ms·
That would be really interesting though; if the probability of a bubble approaches 1 given enough time. Is that an accepted law of economics?
by akozak 16y ago
That would be really interesting though; if the probability of a bubble approaches 1 given enough time. Is that an accepted law of economics?
- Semiapies 16y ago"Bubbles" are complicated and regularly conflated with other things entirely. What is more certain and established is that the economy has a boom and bust cycle.
- newt 16y agoThe probability that there will be a bubble in some sector at some time in the future approaches 1.0 The probability that it has already started to inflate is supposed to be a lot less, but in the last decade and a half, it seems there have been a lot of bubbles in various parts of the economy.