Exact(6)
The idea of a cash bubble may sound ludicrous.
A cash bubble, and the emerging gold bubble, Mr. Davidson said, are really fear bubbles.
"It's great for the bank, but at a certain point you see this fixated look in people's eyes and realize this is a cash bubble".
A Cash Bubble?
Next Page: A Cash Bubble?
Meanwhile, new cash is being injected by the government to such a degree that, together with hoarding and growing investment in the U.S. by overseas investors, we are actually in a massive cash bubble.
Similar(52)
In times of unlimited cash (internet bubbles, frothy venture climates) you can fix your mistakes by burning more dollars.
Just as the go-go years of Wall Street's inflated salaries and Main Street's cheap cash created a bubble in real estate, stocks and other assets, they produced a wine bubble, too.
Greenspan played his part by creating lots of cheap cash, but the bubble wasn't just his.
One bright spot: Like many technology firms, Sun hoarded cash during the bubble years and still has nearly $3 billion in the bank.
Our grim economic fundamentals haven't stopped the stock market from reaching record highs, as speculators and Fed-driven bubbles cash in on the short-term opportunities created by a two-tiered economy.
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