The Regrettable Man - New York Times (blog)
The Regrettable ManNew York Times (blog)... the Fed's annual Jackson Hole symposium in Wyoming this year, a group of conservative economists are planning to hold a meeting of their own “directly across the street” featuring former Federal Reserve Chair Alan Greenspan as the keynote speaker.and more »
Posted on 28 February 2015 | 6:08 am
CNBC Excerpts: CNBC Exclusive: Former
CNBCCNBC Excerpts: CNBC Exclusive: Former Federal Reserve Chairman Alan ...CNBCFollowing are excerpts from the unofficial transcript of a CNBC EXCLUSIVE interview with Former Federal Reserve Chairman Alan Greenspan today, Thursday, February 26th on CNBC's "Closing Bell." Following is a link to video of the interview on ...Greenspan: Effective Demand as Weak as Depression-eraMarketPulse (blog)all 5 news articles »
Posted on 26 February 2015 | 2:38 pm
Did Alan Greenspan hint at a market
Proactive Investors USA & CanadaDid Alan Greenspan hint at a market correction coming?Proactive Investors USA & CanadaFormer Federal Reserve Chairman Alan Greenspan has not been shy in his criticism of the Fed's current policy and his praise for gold's “special properties that no other currency, with the possible exception of silver, can claim.” At the New Orleans ...
Posted on 25 February 2015 | 7:58 am
Federal Reserve Insider Alan Greenspan
Federal Reserve Insider Alan Greenspan Warns: There Will Be a “Significant ...Center for Research on GlobalizationAnd if there's any single person out there who understands U.S. monetary policy and its long-term effects on domestic and global affairs it's former Federal Reserve chairman Alan Greenspan. As the head of the world's most powerful central bank for ...
Posted on 23 February 2015 | 6:42 am
Alan Greenspan Fast Facts - KBZK Bozeman
Alan Greenspan Fast FactsKBZK Bozeman News1977-1987 -After Jimmy Carter is inaugurated as president, Greenspan returns to Townsend-Greenspan & Co. 1981-1983 -Chairman of the National Commission on Social Security Reform. June 2, 1987 -Is nominated to be Chairman of the Federal Reserve ...and more »
Posted on 18 February 2015 | 2:00 pm
Former Fed chiefs join call to keep currency
A group of prominent U.S. economists, including former Federal Reserve chiefs, Alan Greenspan and Ben Bernanke, wrote to congressional leaders Thursday to support key trade legislation but warn against including currency rules in trade deals.
Posted on 5 March 2015 | 9:03 am
CNBC Excerpts: CNBC Exclusive: Former
CNBC Excerpts: CNBC Exclusive: Former Federal Reserve Chairman Alan Greenspan on CNBC's "Closing Bell" Today
Posted on 26 February 2015 | 2:51 pm
Greenspan: Effective demand weak
Effective demand is extremely weak, probably tantamount to the later stages of the Great Depression, Alan Greenspan said.
Posted on 26 February 2015 | 2:32 pm
Greenspan: Effective demand weak as
Effective demand is extraordinarily weak, probably tantamount to what we saw in the later stages of the Great Depression, Alan Greenspan said.
Posted on 26 February 2015 | 2:21 pm
Janet Yellen Vs. Alan Greenspan: Who Is The
We examine how these two histories Fed chairpeople differ and the impact of their views and actions on the world economy.
Posted on 24 February 2015 | 4:02 pm
This day in history
Today’s Birthdays: Former FBI and CIA director William Webster is 91. Former Federal Reserve Chairman Alan Greenspan is 89. Former Soviet cosmonaut Valentina Tereshkova is 78. Former Sen. Christopher “Kit” Bond, R-Mo., is 76. Actress-writer Joanna ...
Posted on 5 March 2015 | 8:02 pm
Still, not stagnant
In recent years short-run woes have dragged down the equilibrium rate, such as the “50-miles-per-hour headwinds” that Alan Greenspan, the chairman of the Federal Reserve, described in 1991, when bad loans pushed big American banks to the brink of ...
Posted on 5 March 2015 | 7:33 pm
China Has Announced Plans For A 'World
But don't just take my word for it. Consider what Alan Greenspan has had to say on the matter: Alan Greenspan, who served at the helm of the Federal Reserve for nearly two decades, recently penned an op-ed for the Council on Foreign Relations discussing ...
Posted on 5 March 2015 | 5:24 pm
Today's Celebrity Birthdays
Former U.S. Federal Reserve Chairman Alan Greenspan is 89. Former Soviet cosmonaut Valentina Tereshkova is 78. Actress-writer Joanna Miles is 75. Actor Ben Murphy is 73. Jazz singer Flora Purim is 73. Singer Mary Wilson of The Supremes is 71. Opera singer ...
Posted on 5 March 2015 | 12:08 pm
Former Fed chiefs join call to keep currency
WASHINGTON, March 5 (Reuters) - A group of prominent U.S. economists, including former Federal Reserve chiefs, Alan Greenspan and Ben Bernanke, wrote to congressional leaders Thursday to support key trade legislation but warn against including currency ...
Posted on 5 March 2015 | 1:22 am
Greenspan blows the lights out at crisis
The power was out for 23 minutes at a hearing where Alan Greenspan denied responsibility for the financial crisis before a panel investigating its roots.
Posted on 7 April 2010 | 9:26 am
Ex-Fannie Mae execs try to defend track
Two former Fannie Mae executives said Friday that competitive pressures, combined with the political goal of increasing homeownership, were to blame for the company's decision to back riskier mortgages that fueled the housing bubble.
Posted on 5 April 2010 | 9:59 am
Ex-Fed chief says economic downturn's end is
Former Federal Reserve chairman Alan Greenspan says the economic downturn is not quite over but that the end is nearing.
Posted on 2 August 2009 | 6:52 am
McCain says he would fire SEC chairman
Republican John McCain, buffeted by criticism about his response to Wall Street's financial problems, said Thursday he would fire the SEC chairman and create a special trust to help strengthen weak institutions.
Posted on 12 September 2008 | 6:27 am
Analysis: Bernanke Adopts Greenspan Tone
Fed Chairman Ben Bernanke borrowed a page from Alan Greenspan's crisis playbook when he promised emphatically to cut interest rates further if the weak economy needs the help.
Posted on 10 January 2008 | 2:16 pm
Resolved Question: Was I dreaming when
Alan Greenspan is probably more responsible for the global economic crisis than any other human being alive. @Doc: I'm aware Doc. Which is why most people of the people in those circles consider him a total hypocrite.
Posted on 12 October 2011 | 10:55 am
Resolved Question: Alan
What was his role when the internet bubble burst.And how internet bubble burst change the America.What were the after consequences. Was Henry Blodget responsible for internet bubble. Thanks in advance
Posted on 7 June 2011 | 11:02 am
Resolved Question: Am I right in thinking
What is the age span between these two?
Posted on 27 May 2011 | 10:03 am
Resolved Question: How complicit do you
Although Alan Greenspan had already been replaced as chairman of the Federal Reserve Board (in 2006) by the time the financial collapse of 2008 took place, there are some who believe he contributed to setting the stage for the collapse when he WAS chairman.
Do you think Greenspan has some of the "blood on his hands?"
Posted on 30 November 2009 | 1:01 pm
Resolved Question: Is Alan Greenspan a two
''-- that gold and economic freedom are inseparable''
''But the process of cure was misdiagnosed as the disease: if shortage of bank reserves was causing a business decline-argued economic interventionists -- why not find a way of supplying increased reserves to the banks so they never need be short! If banks can continue to loan money indefinitely -- it was claimed -- there need never be any slumps in business. And so the Federal Reserve System was organized in 1913''
''The excess credit which the Fed pumped into the economy spilled over into the stock market -- triggering a fantastic speculative boom. ''
', statists argued that the gold standard was largely to blame for the credit debacle which led to the Great Depression... (The irony was that since 1913, we had been, not on a gold standard, but on what may be termed "a mixed gold standard"; yet it is gold that took the blame.)''
'the realization that the gold standard is incompatible with chronic deficit spending (the hallmark of the welfare state). Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes. A substantial part of the confiscation is effected by taxation. But the welfare statists were quick to recognize that if they wished to retain political power, the amount of taxation had to be limited and they had to resort to programs of massive deficit spending, i.e., they had to borrow money, by issuing government bonds, to finance welfare expenditures on a large scale.''
''new government bonds can be sold to the public only at progressively higher interest rates. Thus, government deficit spending under a gold standard is severely limited. The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit.''
''In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. ''
'The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.
This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.''
Don't tell me he just changed his mind because he was influenced by other writers.
I don't see how someone can go from believing in something so firmly and then abandoning it.
Posted on 16 September 2009 | 3:41 am