The Approaching Winter: The Next Great Depression: Why Didn't Greenspan Know Better?

Wednesday, August 22, 2007

Why Didn't Greenspan Know Better?

Before Alan Greenspan became the Chairman of the Federal Reserve he gave a statement in 1966 in which he thought created the Great Depression of the 1930s. "The excess credit which the Fed pumped into the economy spilled over into the stock market - triggering a fantastic speculative boom.... Sign in to see full entry.

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