Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

overheated economy

Read a random definition: rule of universal inheritance

A quick definition of overheated economy:

An overheated economy is when there is a lot of economic activity, but it can cause interest rates and prices to go up. It's like when you play too hard and get too hot, you need to take a break to cool down. Similarly, an overheated economy needs to slow down to avoid problems.

A more thorough explanation:

An overheated economy is a situation where there is a high level of economic activity, but it can cause interest rates and inflation to rise. This can happen when there is too much demand for goods and services, and businesses start to raise their prices to keep up with the demand. This can lead to a cycle of rising prices and wages, which can cause inflation to spiral out of control.

  • During the dot-com boom of the late 1990s, the US economy was considered to be overheated. The stock market was booming, and many people were investing in tech companies. However, this led to a bubble that eventually burst, causing a recession.
  • In the 1970s, the OPEC oil embargo caused oil prices to skyrocket, which led to an overheated economy in many countries. Inflation rose rapidly, and many governments struggled to control it.

These examples illustrate how an overheated economy can lead to problems like inflation and recession. When there is too much demand for goods and services, it can cause prices to rise, which can make it harder for people to afford the things they need. This can lead to a cycle of rising prices and wages, which can cause inflation to spiral out of control. Eventually, this can lead to a recession, as businesses struggle to keep up with the demand and consumers start to cut back on their spending.

overhead | overinclusive

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
LSD+ is ad-free, with DMs, discounts, case briefs & more.