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Are We Headed for Another "Flowering Inferno"?

More than a decade has passed since the dot-bomb implosion, and many of us are still amazed that so many investors got sucked into such an insane speculative financial mania.

And with U.S. stocks teetering at lofty levels - vaulted into their stratospheric space by the cheap-money policies of the U.S. Federal Reserve - it's a story that's worth looking at again.

Those cheap-money policies - and the stock market's recent gyrations - will almost certainly be a topic of discussion at the Fed's approaching Jackson Hole Economic Policy Symposium, a three-day meeting that starts Aug. 21.

But you have to wonder if anyone there will talk about Tulip Mania.

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