Re:Hacker News' “Who is Hiring?” thread, part 2, remote and ...
by bayesian_horse on Tuesday July 12, 2016 @01:47AM
(#12076985)
You are running into the fallacy that you can know what is a bubble and what is not, before the fact.
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Re:Hacker News' “Who is Hiring?” thread, part 2, remote and ...
by danieltillett on Tuesday July 12, 2016 @09:21AM
(#12078730)
Not at all. We know in hindsight that the pre-2008 run up in prices was a bubble, but at the time this was debatable. I am just trying to explain to the OP that prices are set by supply and demand, but that demand may not always be rational.
Personally I do think it is a good idea to try and avoid speculative bubbles in assets and the best way to do this is via taxation.