There was a housing bubble, and loans were made on the basis of inflated prices.

Moreover, while China may have profited from the rise in government bond prices over the last few years, prices have been inflated artificially by expansionary monetary policy in advanced countries, which implies that the bubble could burst.

SWFs tend to invest in foreign markets more when times are good and security prices are more likely to be inflated, and to divest during market downturns, when divestment offer implies lower than fundamental value security prices.

Simply put, surging capital flows into the US artificially held down interest rates and inflated asset prices, leading to laxity in banking and regulatory standards and, ultimately, to a meltdown.

The ensuing bubble in Japanese housing and equity prices inflated and burst not because Japan succumbed to US pressure to allow the yen to appreciate, but because Japan, in the end, resisted that pressure.

The bubble is inflated further by the asymmetry between those who bet that prices will rise and buy, and those who forecast a fall, but stay out because to sell short is too costly.

The late Yegor Gaidar, Russia s first pro reform prime minister, warned the government about the consequences of inflated oil prices, repeatedly arguing that excessive spending growth would undermine the political will for retrenchment when it became necessary.

More importantly, the fears underlying the bicycle theory are wildly inflated.

Likewise, reactions to the Karadžić decision show how inflated the perceived stakes are.

Aron exaggerated the power of reason, while Sartre inflated the power of action.

Hydrogen, oxygen, carbon and sulfur have been detected in the planet's inflated atmosphere.

CHICAGO When a profitable company is hit by a very large liability, the solution is not to have the government buy its assets at inflated prices. The solution, instead, is protection under bankruptcy law, which in the United States means Chapter 11.

More recently, many advanced countries have discovered a new set of growth models with built in structural limitations excessive private or public consumption, or both, usually accompanied and enabled by rising debt and inflated asset prices, and a corresponding decline in investment.

In short, Israel s current leadership has inflated security into a surreal new cult, trumping morality.

That helped Germany and France, but it also inflated real estate bubbles in Spain and Ireland.

Rather than spurring investment in plant and equipment, low interest rates inflated a real estate bubble.

Clearly, trade data are being inflated as companies carry out fake transactions to bring capital into the country.

)It is likely that this figure is inflated by a substantial number of personal blogs that mention fashion.

Issuing the stock to the public at an inflated price a year ago, the shares initially traded even higher.

But, while the resulting surge in capital flows to emerging markets stimulated economic growth, it also inflated asset bubbles.

Now Gaza residents are forced to apply for passports in Ramallah, and they use agencies which charge inflated amounts.

Britain joined America s Iraq adventure with the same inflated perceptions of its military capacity and diplomatic clout that trapped Bush.

We lived the better part of the subsequent decade with a misguided sense of extended prosperity and inflated a financial bubble.

Periodical physical verifications were not conducted, and asset values were incorrectly recorded with data in some cases inflated by millions of dollars.

Sustaining a high budget deficit over many years will lead to an unmanageable debt buildup, unless that debt is inflated away or restructured.

The real estate bubble inflated and collapsed partly because millions of Americans borrowed more than they could afford to repay and knew it.

Sixth, the Panel noted that some claims with implausibly high claimed amounts have audited financial statements supporting what appeared to be inflated losses.

Prices

Food prices are soaring. Oil prices are at historic highs.

Obama s ascension to the US presidency represents a revolutionary landmark in America s history that should not be allowed to fall victim to inflated expectations.

The Governor's main objection to the budget was the Legislature revenue estimate of 447 million, which he considered to be inflated by 37 million.

Housing prices peaked in 2006, and equity prices peaked in 2007.

Shortages of natural gas increased fertilizer prices, pushing up food prices.

These may be either the best country prices or perhaps even international prices, but they are not local farm gate prices.

But an important insight from history is that unsustainable fiscal policies are more likely to result in defaults when fiscal problems cannot be inflated away.

High oil prices fuel public discussion about the future of oil prices.

But, whereas metal prices have fallen, oil prices are reaching record highs.

The prices of traded mortgage backed securities have followed house prices down.

But few people dared ask tough questions when confidence picked up again, as when a housing bubble was inflated on the rubble of collapsed technology stocks.

Prices are high.

Prices went up.

Getting Prices Right

Prices 18 20

a 2002 prices.

Trade unions were in the past accused of giving inflated membership figures to increase their influence over preselections, but party rules changes have stamped out this practice.