How Asset Price Inflation Causes Crisis

Channel:

Jason Unruhe

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43,400

Published on August 2, 2016 10:00:00 PM ● Video Link: https://www.youtube.com/watch?v=Jb8l72PA2f0

Duration: 4:43

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One of the biggest causes of economic crisis is asset price bubbles. So, how do asset bubbles cause crisis? It's not terribly difficult to understand how they cause the problem, but it is hard to see the problem given modern economic thought and theory.

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