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News Link • Economy - Economics USA

Bubble Formation And Bubble Bursting: A Flowchart So Simple Even An Economist Can Get It

• http://www.zerohedge.com, by Tyler Durden
 Since it is now quite clear that despite calling for even endless-er QE, the uberdovish Chicago Fed, and by implication the entire FOMC, is still clueless about the two most critical processes of modern fiat-based economics, namely bubble formation, and its counterpart, bubble bursting, we decided to give them a helping hand, and to explain just how these two fundamental events occur, with flow charts so simple, even an Economics PhD can get it.
 
 

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