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I don't even know what that means. People who get credit…

“I don't even know what that means. People who get credit have to get it from somewhere. Does a credit bubble mean that people save too much during that period? I don't know what a credit bubble means. I don't even know what a bubble means. These words have become popular. I don't think they have…” quote by Eugene Fama
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“I don't even know what that means. People who get credit have to get it from somewhere. Does a credit bubble mean that people save too much during that period? I don't know what a credit bubble means. I don't even know what a bubble means. These words have become popular. I don't think they have any meaning.”

Eugene Fama

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

The speaker expresses confusion over economic jargon, suggesting that terms like 'credit bubble' are used without clear definition, reducing them to empty buzzwords.

In simple terms: Critique of vague financial terminology.

Key Takeaway

Jargon can obscure meaning.

Themes

communication economics clarity misunderstanding buzzwords

Mood

skeptical inquisitive

Type

critical observation questioning

When to use this quote

  • financial news analysis
  • policy discussion
  • academic lecture

Key Concepts

semantic opacity public discourse

Practical Applications

  • simplify economic reports
  • educate audiences on terminology

Questions to Reflect On

  • Why do technical terms become popular without clear definitions?
  • How does jargon affect public understanding of economics?
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