--- title: "Meaning & Key Takeaway of: Asset bubbles have happened even without…" description: "\"Asset bubbles have happened even without not-so-easy money. And, in a depressed economy, where alternative uses of money are not great, people are goin..." image: "https://sms4smile.com/quotes/i/d1c/paul-krugman-2255_alternatives_asset-bubbles-have-happened-even-without_1085879.png" --- # Asset bubbles have happened even without not-so-easy… ![“Asset bubbles have happened even without not-so-easy money. And, in a depressed economy, where alternative uses of money are not great, people are going to bid up the prices of profitable corporations and stuff like that.” quote by Paul Krugman](https://sms4smile.com/quotes/i/d1c/paul-krugman-2255_alternatives_asset-bubbles-have-happened-even-without_1085879.png) [Download](https://sms4smile.com/quotes/i/d1c/paul-krugman-2255_alternatives_asset-bubbles-have-happened-even-without_1085879.png) [Open image](https://sms4smile.com/quotes/i/d1c/paul-krugman-2255_alternatives_asset-bubbles-have-happened-even-without_1085879.png) > “Asset bubbles have happened even without not-so-easy money. And, in a depressed economy, where alternative uses of money are not great, people are going to bid up the prices of profitable corporations and stuff like that.” [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Even without easy credit, asset bubbles can form; in downturns, investors bid up profitable firms, inflating prices. **In simple terms:** Economic downturns can still drive asset price inflation. Key Takeaway Watch for overvaluation in tough markets. Themes economics finance market cycles investment Mood cautious analytical Type educational advisory When to use this quote - stock market analysis - corporate finance - policy making Key Concepts bubble dynamics capital allocation risk assessment Questions to Reflect On - What indicators signal a bubble forming? - How should investors protect against overvaluation? A Different Perspective Bubbles may burst, causing losses. ★ ★ ★ ★ ★ No ratings yet [Alternatives](https://sms4smile.com/quotes/about/alternatives/) [Asset Bubbles](https://sms4smile.com/quotes/about/asset-bubbles-1460151/) [Assets](https://sms4smile.com/quotes/about/assets/) [Bubbles](https://sms4smile.com/quotes/about/bubbles/) [Bubbles Happened](https://sms4smile.com/quotes/about/bubbles-happened-2781274/) [Corporations](https://sms4smile.com/quotes/about/corporations/) [Customer](https://sms4smile.com/quotes/about/customer/) [Depressed Economy](https://sms4smile.com/quotes/about/depressed-economy-2781273/) [Easy](https://sms4smile.com/quotes/about/easy/) [Easy money](https://sms4smile.com/quotes/about/easy-money/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economy](https://sms4smile.com/quotes/about/economy/) [Economy Alternative](https://sms4smile.com/quotes/about/economy-alternative-2781275/) [Great people](https://sms4smile.com/quotes/about/great-people/) [Happened](https://sms4smile.com/quotes/about/happened/) [Money](https://sms4smile.com/quotes/about/money/) [Money Depressed](https://sms4smile.com/quotes/about/money-depressed-2425260/) [People](https://sms4smile.com/quotes/about/people/) [Profitable](https://sms4smile.com/quotes/about/profitable/) [Stuff](https://sms4smile.com/quotes/about/stuff/) [Use](https://sms4smile.com/quotes/about/use/) ## Related quotes > [When I was at United, I had money, but I was still so down and depressed.](https://sms4smile.com/quotes/wilfried-zaha/when-i-was-at-united-i-had-money-but-i-was-still-so-down-and-depressed/) [Wilfried Zaha](https://sms4smile.com/quotes/author/wilfried-zaha/) > [But the economic meltdown should have undone, once and for all, the idea of poverty as a personal shortcoming or dysfunctional state of mind.…](https://sms4smile.com/quotes/barbara-ehrenreich/but-the-economic-meltdown-should-have-undone-once-and-for-all-the/) [Barbara Ehrenreich](https://sms4smile.com/quotes/author/barbara-ehrenreich/) > [You don't help a depressed economy by giving control of its resources to politicians.](https://sms4smile.com/quotes/robert-p-murphy/you-don-t-help-a-depressed-economy-by-giving-control-of-its-resources/) [Robert P. 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