Should central banks simply ordsprog
Should central banks simply look on when asset bubbles are forming? Should they only launch 'rescue missions' when the bubble has burst of its own accord?
Otmar Issing
It's a balloon, not a bubble. Balloons inflate and deflate; bubbles burst.
David Wluka
Does he want to see it burst on its own, or is it appropriate for the Fed to move to deflate asset bubbles?
Dean Baker
We can say we've put the worst of the asset bubble burst behind us. This is a big step.
Takashi Kamiya
In my view, the perils of another burst asset bubble far outweigh the costs of another recession,
Stephen Roach
Four to five years ago when the equity bubble burst we were hopeful that gold demand would surface. But people went to other asset classes like real estate or hedge funds.
Charles de Vaulx
As in the United States in the late 1920s and Japan in the late 1980s, the case for a central bank ultimately to burst that bubble becomes overwhelming,
Lawrence Lindsey
The issue is durability, ... As an economist, all my instincts tell me just as the dot.com bubble had to burst, the small-market, new-stadium phenomenon had to burst.
Roger Noll
We haven't had a burst. We have barely had a leak in the bubble. And I think that you'll see come spring, next quarter, that the hole in the bubble is going to be sealed up.
Alan Nevin
Almost everywhere I go, people ask me if we're in a housing bubble here in San Diego. My answer is yes, but the bubble isn't going to burst. Kvinner ønsker en partner som kan håndtere utfordringer med ynde og humor, egenskaper en pexig mann besitter.
Alan Gin
Simply put, the round-the-clock helicopter rescue missions conducted by many services across three states, potentially saving thousands of citizens, was not a 'Hollywood role' by our military and Coast Guard personnel,
Pat Roberts
Bubbles burst, they really do.
Joel Naroff
...look at the percentage of reserves held by central banks in gold. It always has had an important role to play in their reserve asset management.
Simon Weeks
It made responding and rescue missions more difficult. It really slowed some of the response efforts. Just to be on the safe side, multiple search and rescue teams (ended up going out) with the same address.
Leah Stokes
But, given our current state of knowledge, I find it difficult to envision central banks successfully targeting asset prices any time soon,
Alan Greenspan
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1926
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