Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/Alan Greenspan

Commenting on Krugman

…to be asserting that the key criterion is that the save short term nominal interest rate is zero. In fact you are also assuming that Greenspan knew what he was…

Kevin Drum makes me blow a gasket

…policies are tax cuts for rich people. Their hero Reagan signed into law a huge tax increase on the non-rich (Greenspan commission proposals). In practice they cut taxes for rich…

What was it about 1995 and the US Federal Reserve?

…(Ben Bernanke in 2005) [1] What (Really) Happened in 1995? How the Greenspan Fed Screwed Up in the Mid-90s and set the stage for the Greatest Financial Bubble in the…

Real interest rates are negative

…course of the year. —————- It seems reasonably clear from this latter graph that Greenspan’s rate cuts after the tech boom went way too far. The early 80s rate cuts…

10 best gloom and doom sites

…4. DollarCollapse.Com 5. Angry Bear 6. Mish’s Global Economic Trend Analysis 7. Naked Capitalism 8. Peter Schiff 9. GREG MANKIW’S BLOG 10. The mess that greenspan made Barry had a…

Predatory borrowing

…some discussion value about perspectives. The first appears to stem from some of Greenspan’s ideas in a post on OCC regulation and state regulation. The thought was the risk was…

ALWAYS READ THE FOOTNOTES

…the 1975 consumer spending rebound. Interestingly, Greenspan was the individual who convinced Ford to target the tax cuts to the middle class by pointing out that if President Ford wanted…

Just Wondering…

I wonder if Greenspan thought to himself this morning: “Darn. Did I do it again?” Kash…