asset bubble

asset bubble
 n.— «The reckless creation of money and easy credit has created imbalances affectionately known as asset bubbles. These asset bubbles are an alternate manifestation of inflation and the rise in gold’s price is a further signal to the market.» —“Who Needs Al Capone?” by Rob Kirby Free-Market News Network Mar. 23, 2006. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Why Money is Sometimes “Cool”

While reading Great Expectations (Bookshop|Amazon) by Charles Dickens, a listener in Arlington, Texas, is surprised when one of the characters inherits some money, which Dickens describes as a cool four thousand. Were they really using cool that way...

“Cool Beans” History and Origins

Martita in San Antonio, Texas, is curious about the expression cool beans! meaning “that’s great!,” or “excellent.” This phrase was commonly used in the 1980s, and although the TV show Full House may have helped popularize it, the phrase is older...