But you've also talked about the need to stabilize financial markets, even «leaning»
against asset price bubbles.
Not exact matches
The notion is that by pursuing a slightly tighter monetary policy, the central bank would take out insurance
against the risk that the rise in
asset prices is a
bubble and that its busting would be disruptive.
When one compares bitcoin's five - year
price momentum (adjusted for inflation)
against that of previous
asset bubbles, bitcoin dwarfs the runners - up — the Mississippi
bubble of 1720 and the Amsterdam Tulip Mania of 1637.
[5] Robert Shiller, the economist who successfully predicted the popping of the Dot - com and U.S. housing
bubbles, warned investors
against treating Sweden and Norway's markets as safe - havens as the Nordic region is caught up in
asset bubbles that will end with plunging
asset prices.
He does not share some foreign central bankers» belief that their job is to defend
against excessive
asset -
price inflation: «No sensible policy,» he maintains, «could have prevented the housing
bubble.»