Assets Quote by Alan Greenspan

But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they…

— Alan Greenspan

How do we know when irrational exuberance has unduly escalated asset values?

— Alan Greenspan

“Irrational exuberance is the psychological basis of a speculative bubble. I define a speculative bubble as a situation in which news of price increases…

— Robert J. Shiller

Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.

— Walter E. Williams

The higher interest and higher inflation is a vicious cycle.

— Arundhati Bhattacharya

It seems to me that at least as far as the financial markets are concerned, there is increasing evidence against rational expectations, even at…

— Kenneth Arrow

You really have to go searching desperately to find any contemporary examples of good, old-fashioned runaway inflation.

— Paul Krugman

I think the concern over rising interest rates is ahead of itself because I think inflationary fears themselves might be premature,

— Sung Won Sohn

Rapid increases in the quantity of money produce inflation. Sharp decreases produce depression.

— Milton Friedman

Inflation is lower and more stable and the real business cycle fluctuations are more modest.

— Martin Feldstein

Perhaps it is one secret of their power that, having studied the fluctuations of prices, the [bankers] know that history is inflationary.

— Will Durant

I have concluded that most PhD economists under appraise the power of the common-stock-based "wealth effect," under current extreme conditions... "Wealth effects" involve mathematical…

— Charlie Munger