Change Now
New member
The fed has some real problems in itself, but Greenspan was a total and absolute failure.
He did nothing to stop the internet bubble except to mumble "irrational exuberance" and then overreacted after our national tragedy by giving away free money for way, way too long creating a massive asset bubble that burst with horrific consequences.
He was the Maestro of failure.
He did nothing to stop the internet bubble except to mumble "irrational exuberance" and then overreacted after our national tragedy by giving away free money for way, way too long creating a massive asset bubble that burst with horrific consequences.
He was the Maestro of failure.