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Isn'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...
by anyfoo 5y ago
Isn'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."