The Moment Before the Bubble Really Pops Is When You Start to Get the Crazyest Theories for Why There Is No Bubble

i think it's often said that the moment before the bubble actually pops is when you start to get the craziest theories for why there is no bubble. When i came to the us in ninte a 82, this as right after the big inflationary spike. And exactly to your point, steve, people's views and justification in hindsight can be completely rational,. But when you look back at it, a a dackit, you say, what was i thinking?