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Not So Fast, Al
Alan Greenspan was in the pages of the Wall St. Journal again this week with his "don't look at me" defense of his stewardship of the Federal Reserve and how he had nothing to do with our country's current crisis. I beg to differ. I pointed this out last September, and it bears repeating now: ...
Alan Greenspan Says the Federal Reserve Didn't Cause the Housing Bubble
Alan Greenspan Says the Federal Reserve Didn't Cause the Housing Bubble
online.wsj.com — ALAN GREENSPAN We are in the midst of a global crisis that will unquestionably rank as the... most virulent since the 1930s. It will eventually subside and pass into history. But how the interacting and reinforcing causes and effects of this severe ... (more) Alan Greenspan Says the Federal Reserve Didn't Cause ...
Greenspan: Greenspan is Not to Blame for the Housing Bubble
Greenspan: Greenspan is Not to Blame for the Housing Bubble
yglesias.thinkprogress.org — I’m not entirely sure what to make of what Alan Greenspan has to say on his own... behalf . But I am quite sure that he’s dodging what I would think would be the main issue Alan Greenspan needs to address regarding Alan Greenspan and the ... (more) Greenspan: Greenspan is Not to Blame for the Housing Bubble
Economist: He had the power - Monetary Policy
economist.com — ALAN GREENSPAN’s defence of the Federal Reserve in the formation of the housing bubble restates a familiar... argument—it raised short-term interest rates but long-term interest rates did not follow, and housing is most sensitive to long-term rates. His ... (more) Economist: He had the power - Monetary Policy
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