A type of economic bubble that occurs periodically in local or global real estate markets. It is characterized by rapid increases in valuations of property such as housing, until they reach very inflated levels. The huge increase in housing values in some US cities leads some to consider whether there is a housing bubble.
- The Fed Revealed: The Dangers of Monetary PolicyThe Central Bank of the United States, a.k.a. the Federal Reserve or the “Fed”, has grabbed lots of headlines in recent months as the nation tries to pull itself out of the economic downturn that began in 2008. How exactly can the Fed put billions of dollars into the economy and how does that affect our money? Think interest rates, price inflation and bubbles, and the montage of monetary policy begins to take shape.