Althouse

Alan Greenspan lived to be 100. (opens in new tab)

I'm reading (NYT).Even as Mr. Greenspan skillfully managed interest rates in a way that kept the economy humming along, he remained leery of he well recognized: that the low-inflation, easy-money environment he had helped create was putting the United States at risk by fueling unsustainable investment booms. And he remained reluctant to act as banks and investment firms adopted complex new trading techniques that would come to wreak great damage. At the Fed, he was remarkably successful at wh...

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