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3 days ago · The Fed for years has targeted 2% inflation. Some economists think 4% would give the Fed more room to get out of downturns.
4 days ago · Elsewhere in the late 1990’s forward guidance of monetary policy consisted of analysing the size of Alan Greenspan’s briefcase and there was a healthy debate on whether central banks should...
2 days ago · He mentioned that “lowering benchmark interest rates slightly” could still yield good outcomes and compared this to Alan Greenspan‘s rate adjustments in the 1990s.
5 days ago · After the 1987 stock market crash, the Federal Reserve under Republican Alan Greenspan promised to support financial markets, and joined what Sharma calls “the constant stimulus project.”
14 hours ago · After the stock market crash on Oct. 19, 1987, just two months after Alan Greenspan assumed the chairmanship of the Federal Reserve bank, he fired off a one-sentence statement before the start of trading on October 20th, “The Federal Reserve, consistent with its responsibilities as the nation’s central bank, affirmed today its readiness to ...
1 day ago · America's post-WWII economic dream transformed from a middle-class haven to a system prioritizing short-term gains. The Bretton Woods system's collapse, dere...
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- The Rich Have It
3 days ago · Alan Greenspan hunches over the slide guitar “Coffee—twice, miss.” Biscotti on marble handled with care. Eddie Gomez gropes the bass. in a high buzzy solo to scattered hypothetical applause. Reaching like looking for another man’s lighter. from behind and in front. In his left pocket from over his right shoulder. High light-going feathers,
