A Quote by Charlie Munger

You have a real asset-price bubble in places like parts of California and the suburbs of Washington, D.C.

Charlie Munger

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Asset Bubble California Like Parts Places Price Real Suburbs Washington

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Charlie Munger
American - Businessman
Born: January 1, 1924

We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to impair the real economy, its production, jobs and price stability.

Alan Greenspan

What we define as a bubble is any kind of debt-fueled asset inflation where the cash flow generated by the asset itself - a rental property, office building, condo - does not cover the debt incurred to buy the asset. So you depend on a greater fool, if you will, to come in and buy at a higher price.

James Chanos

The problem is that you're creating a system of bubble finance where interest rates are so low that people can speculate. An asset value goes up. You put it up as collateral. You borrow against it. You buy more of the asset. You then take the rising asset. You borrow against it again. This is the nature of what's going on in the world. This isn't an excess of real savings. This is an excess of artificial credit that's being fueled by all the central banks.

David Stockman

The propensity to swindle grows parallel with the propensity to speculate during a boom the implosion of an asset price bubble always leads to the discovery of frauds and swindles

Charles P. Kindleberger

The best approach here, if at all possible, is to use supervisory and regulatory methods to restrain undue risk-taking and to make sure the system is resilient in case an asset-price bubble bursts in the future.

Ben Bernanke

A lot of the people in Northern California and parts of Oregon have decided that we are not on the same page as San Francisco and Portland and Los Angeles. I don't know if six states is a solution because is Washington, D.C. and the rest of the country really going to give California 10 new senators?

Doug LaMalfa

I grew up in the suburbs, and I listened to hip-hop for the right reasons, which was to understand a culture that was beyond mine, and to understand what was going on in places outside of my sheltered bubble.

Jensen Karp

When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.

George Soros

I grew up in the suburbs, sometimes country-like suburbs because we moved around, but mostly suburbs.

Adrianne Lenker

Don't you know that there's another bubble as well An expectations bubble. Bigger houses private planes yachts ...... stupid salaries and bonuses. People come to desire these things and expect them. But the expectations bubble will burst as well as all bubbles do. Come to my gallery and I will sell you beautiful things at a more reasonable price. But the point is that they will have value. Things of real beauty things of the spirit.

Edward Rutherfurd

The suburb in the 1950s was a bedroom community. The father worked in the city, and the mother stayed home. Now people live and work in the suburbs, and businesses have grown up or moved from cities to certain pockets of what was once the suburbs and created these places that are like cities.

Richard Hayne

When Washington State has been good, they've always had a connection to Southern California. You know, as far as visiting, that's different than recruiting. Recruiting is based on production and players, who you can get. You know, so, the nicest parts of Southern California aren't necessarily the best players.

Mike Leach

The state of New Jersey is really two places - terrible cities and wonderful suburbs. I live in the suburbs, the final battleground of the American dream, where people get married and have kids and try to scratch out a happy life for themselves. It's very romantic in that way, but a bit naive. I like to play with that in my work.

Harlan Coben

I think we have a bubble in the US in government bonds, because of the quantitative easing and the negative real interest rates, and to some extent, that increases asset values across the board, including in startups.

Peter Thiel

If the asset solves a real problem for a real customer, then there'll be value in the asset.

Brad Garlinghouse

We can talk about republican or democratic approaches to the economy, but until you fix the student loan bubble - and that's where the real bubble is - and the tuition bubble, we don't have a chance. All this other stuff is shuffling deck-chairs on the Titanic.

Mark Cuban

A Quote by Charlie Munger

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