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The best cure for high prices is high prices.
His longtime adversary Paul Samuelson, who has also been to Stockholm, said from his office at M.I.T., "I define a bubble as a situation in which the level of stock prices is high, and the rate of growth of stock prices is high, because of a self-fulfilling prophecy in which people believe the market is going to go up.
His longtime adversary Paul Samuelson, who has also been to Stockholm, said from his office at M.I.T., ''I define a bubble as a situation in which the level of stock prices is high, and the rate of growth of stock prices is high, because of a self-fulfilling prophecy in which people believe the market is going to go up.
"The truth is that the answer to high prices is high prices," said R. Glenn Hubbard, a top economic adviser to Mitt Romney, the former Republican governor of Massachusetts.
The best antidote for fraud is fraud, much like the best antidote for high prices is high prices.
Similar(55)
Gasoline prices are high.
Its prices are high.
Food prices are high.
Yes, gas prices are high.
Prices are high, but so is quality.
Gasoline prices are high; energy prices are high".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com