3min chapter

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Housing Bubble Week: A Philosophy Of Bubbles - Timo Henckel

The Joe Walker Podcast

CHAPTER

The Probabilistic Approach to Bubbles

A larger run up in prices is more likely to be a bubble. Bitcoin looks like the mother of all bubbles, and that is for Bitcoin. We don't know how much debt actually went into it. It wasn't a very big market in the first place. And there were probably enough players out there who had who had enough capital to play with and to speculate on it.

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