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Exact(32)
The government's stimulus created a bubble.
And it created a bubble in the stock market, pushing prices up.
"It created a bubble of expectations, which was difficult," Mr. Hwang said.
But have all these investors chasing what they think is a secure investment created a bubble?
He does not want to repeat the bank's mistakes of the 1980s, when its lax monetary policy created a bubble economy.
The deflationary aspects of that bubble popping created a bubble in sovereign debt, despite the fiscal strains created by the bailouts.
Similar(28)
"I live in a bubble and I'm trying to create a bubble," Fernald told me.
A new innovation that spawns a new market typically creates a bubble and over investment.
Because the glass is so hot, the air inside expands and creates a bubble.
And low interest rates are creating a bubble in housing and corporate investment.
The hot air on the sideline can create a bubble effect.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com