Do you want to know why the price of your favourite slice of pizza keeps increasing to an enormous amount of money? This is the consequence of inflation!
It depends on an ever increasing supply of buyers, betting they’ll be able to sell for a higher price. Eventually, you run out of buyers and the bubble bursts.
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Who is the sugar granddaddy of all bubbles?
The Dutch tulip mania in the 1600s. Tulip gardens became a social fad among the wealthy, driving up their price. More people made money with the tulip action.
