2022
"FINANCIAL BUBBLES": CAUSES, FORMS, CONSEQUENCES
Authors: Mamadov Sayidmurodkhon Valievich - PhD in Economic Sciences, Assoc.Prof., Head of Finance and Tax Department under Khujand State University named after academician B.G.Gafurov (Tajikistan Republic, Khujand)
JOURNAL NUMBER: 1(60). YEAR OF ISSUE: 2022. LANGUAGE OF THE ARTICLE: Tajik
ANNOTATION
There is no generally accepted theory of the emergence of financial bubbles in our time. One of the possible causes of bubbles is excessive monetary liquidity in the financial system, causing inadequate bank lending standards for banks, asset markets, which then become vulnerable to volatile hyperinflation caused by short-term speculative financial leverage. When interest rates fall, investors tend to be reluctant to keep their capital in savings accounts. Instead, investors seek to leverage leverage and invest in financial assets such as stocks and real estate.
KEY WORDS
financial bubble, speculative bubble, rational bubble, commission bubble, inner bubble, economic crisis.