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Politics : American Presidential Politics and foreign affairs
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To: RMF who wrote (69193)2/23/2014 10:15:03 AM
From: LLCF  Read Replies (1) of 71588
 
Now Greenspan is famous on WS for bailing them out with "the greenspan put" any time the market went south... if the system weren't so complex as to make direct correlations next to impossible, he would probably end up in the history books as the cause of the last recession and indirectly the one to come, which will probably be much worse.

I suspect that future ECON books use him as an example of the classic road to bubble economies... as good a reason to outlaw the fed as there has ever been.

DAK
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