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The bubble in phony bubble calls - Econlib

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Bubbles don’t exist. But that doesn’t stop people from seeing them. In 2015, I predicted that the 21st century would see an unprecedented number of bubble claims, due to the fact that people have trouble accepting the fact that low real interest rates imply high P/E ratios. A few years ago, many people claimed the […]
The bubble in phony bubble calls - Econlib
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The bubble in phony bubble calls - Econlib
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The bubble in phony bubble calls - Econlib
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