Who said the phrase "irrational exuberance"?

来源: 于 2025-10-27 11:57:37 [旧帖] [给我悄悄话] 本文已被阅读：次
Who said the phrase "irrational exuberance"?
 
 
Greenspan: 'Irrational Exuberance' Last Phrase I Would Use Right Now
Alan Greenspan https://www.cato.org/blog/reflections- ? ??????????, then-chairman of the Federal Reserve, coined the term "irrational exuberance" in a December 1996 speech. He used the phrase to describe investor enthusiasm that inflated asset values beyond their fundamental worth, particularly in the context of the dot-com bubble.