Bubbles

Why Asset Bubbles Involve So Much More Than Just Rising Prices

Authored by Frank Shostak via The Mises Institute, According to the Financial Times from October 18, 2020, senior Federal Reserve officials are calling for tougher financial regulation to prevent the US central bank’s low interest rate policies from giving rise to excessive risk taking and asset bubbles in the markets. Eric Rosengren, president of the Federal Reserve Bank…