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Asset Price Bubbles Since 1976 |
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This chart shows the inflation adjusted performance of the FHFA Housing Index, Gold, Oil and the NASDAQ since 1976. The world financial system moved from the relative discipline of the gold-dollar, fixed-currency standard to a system of free-floating currencies in 1973. This move unleashed a series of asset pricing bubbles over the subsequent decades. |
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| Sources: | LBMA, EIA, Yahoo Finance |
| Updated: | May 18, 2013 at 2:11 PM EDT |
| Series: | gold and oil - bull market cycles - business cycles - crude oil price history - stock market cycles - housing market - historical gold prices - economic indicators |
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