Bubble (economics)/Definition: Difference between revisions

From Citizendium
Jump to navigation Jump to search
imported>Nick Gardner
(New page: A surge in prices that raises irrational expectations of further increases, so generating further increases, and so on: a process that continues until confidence falters, the bubble "burs...)
 
imported>John Dvorak
m (Template:Def Bubble moved to Bubble/Definition: Moving_definition)

Revision as of 16:22, 22 May 2008

A surge in prices that raises irrational expectations of further increases, so generating further increases, and so on: a process that continues until confidence falters, the bubble "bursts" and prices suddenly revert to a rationally-based level.