When an economy enters into an unsustainable economic boom, expectations of strong growth in the demand of goods and services becomes predominant. Investments are planned and conducted to fill these expected demands, and this, in turn, increases actual demand. Such a cycle will also result in an expansion in credit, which supports the investment boom.
4/6  BIS central bankers' speeches  It is very important to approve the budget for 2021 very soon, it is the government’s economic work plan.