Quotes About Booms

Fireworks in the background like an incongruous soundtrack, either celebratory or ominous, a veil of smoke behind a neighbor's house, the air askew with booms.

What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead to crashes, to busts, to panics.

On Wall Street, fraudulent schemes tend to thrive during economic booms, and to blow up when times turn tough.

The received wisdom is that risk increases in the recession and falls in booms. In contrast, it may be more helpful to think of risk as increasing during upswings, as financial imbalances build up, and materializing in recessions.

capitalism does live by crises and booms, just as a human being lives by inhaling and exhaling.

And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.

Most movies, you have to try and forget you're making a movie, because there are trailers and booms and lights and marks, and it's everywhere.

In our moments of sober thought we all realize that booms are bad things, not good. But nearly all of us have a secret hankering for another one. " Another little orgy wouldn't do us any harm," is the feeling that persists both downtown and up.

This is the final bubble. The US government now has to keep printing money to keep things stable. Maybe when the economy booms again they can hold off—but that might be a while.

The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump; but in abolishing slumps and thus keeping us permanently in a quasi-boom.

The few emerging economies that have avoided booms and busts have done so by adhering to sound policy frameworks.

business cycles and depressions stem from disturbances generated in the market by monetary intervention. The monetary theory holds that money and credit-expansion, launched by the banking system, causes booms and busts.

If the financial system has a defect, it is that it reflects and magnifies what we human beings are like. Money amplifies our tendency to overreact, to swing from exuberance when things are going well to deep depression when they go wrong. Booms and busts are products, at root, of our emotional volatility.