Charles Kindleberger’s classic study, “Manias, Panics and Crashes: A History of Financial Crises”, updated by Robert Aliber in 2005, suggests that financial instability feeds on itself.

查尔斯.金德尔伯格（Charles Kindleberger）著罗伯特.艾利伯（Robert Aliber）在2005年校正的经典著作“狂热，恐慌，崩盘：经济危机的历史”提出金融的不稳定的能源来于自身。

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Charles Kindleberger set out three preconditions for a mania where prices overshoot the bounds of rational valuation, in his classic, Manias, Panics, and Crashes: A History of Financial Crises.

FORBES: That's Gold, Jerry! Gold!