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You can’t stop a market bubble from popping with policy. You can only keep the cycle going until the bubble is bigger then the policy maker… which, since the bu
by taneq 4y ago
You can’t stop a market bubble from popping with policy. You can only keep the cycle going until the bubble is bigger then the policy maker… which, since the bubble grows exponentially, is soon no matter how big that policy maker is.
- pm90 4y agoNo, but you can try and gently deflate rather than make it pop.
- deleted 4y ago[deleted]
- taneq 4y agoIn theory, yeah. I don't know if this has been done in the past 30ish years, though... it seems that, mysteriously, the people in charge of making those decisions are always the same people who have a lot invested in seeing the bubble continue to inflate.