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It’s not just a housing bubble. It’s an everything bubble. Aka inflation
by jbverschoor 5y ago
It’s not just a housing bubble. It’s an everything bubble. Aka inflation
- anyfoo 5y agoIsn't the point of a "bubble" that it bursts, and prices crash? I'm not sure we're going to see sudden deflation anytime soon...
- sfblah 5y agoThe difference (until recently) here was that investment assets were going up but the cost of living, in general, wasn't. That's a big differentiator between a bubble and inflation. Recently, however, the government started printing money and giving it to the poor and middle class. That's producing inflation, since they tend to buy stuff instead of just "letting it ride."