Accumulation Quote by Joseph Stiglitz

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…

— Eugene Fama

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…

— Eugene Fama

Bubbles are best identified by credit excesses, not valuation excesses. And there's no bigger credit excess than in China.

— James Chanos

The 'boom-bust' cycle is generated by monetary intervention in the market, specifically bank credit expansion to business.

— Murray Rothbard

Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a slump.

— Ludwig von Mises

“These findings on capital flow bonanzas are also consistent with other identified empirical regularities surrounding credit cycles. Mendoza and Terrones, who examine credit cycles…

— Carmen M. Reinhart

The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it…

— Alan Greenspan

Once public opinion is convinced that the increase in the quantity of money will continue and never come to an end, and that consequently…

— Ludwig von Mises

The problem is that you're creating a system of bubble finance where interest rates are so low that people can speculate. An asset value…

— David Stockman

We've suffered a 'Ponzification' of the economy in recent years, as bubbles have built up and then burst, and each time we act as…

— Mitchell Zuckoff

A possibility is that we see more and more leverage, and credit-to-GDP ratios rise once more to even higher levels; eventually the banking systems…

— Alan M. Taylor

Credit expansion is the governments' foremost tool in their struggle against the market economy. In their hands it is the magic wand designed to…

— Ludwig von Mises