Posts Tagged ‘
alan greenspan ’
May 15th, 2008 |
By Lord William Rees-Mogg |
Category: Macro Economics
The American electoral system has never been designed to protect sound finance, and it has become more dangerous as the federal government and the Federal Reserve itself have become more skillful at manipulating the economy of the United States. The process of running before every gust of wind reached its ...
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Tags: alan greenspan, ben bernanke, monetary policy, Paul Volcker, stagflation, the Federal Reserve
Posted in Macro Economics |
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May 14th, 2008 |
By Whiskey Contributor |
Category: Macro Economics
It is said that artists speak for the ages. In 1951, Pablo Picasso described the end of our age when interviewed by Giovanni Papini: “From the moment that art ceases to be the nourishment of the best brains, the artist can use all the tricks of the intellectual charlatan. The ...
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Tags: alan greenspan, Federal Reserve, Housing bubbles, Tech bubbles
Posted in Macro Economics |
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Apr 14th, 2008 |
By Whiskey Contributor |
Category: Macro Economics
Treasury Secretary Hank Paulson has proposed the Federal Reserve be given broad powers to regulate the financial industry. He could not have nominated a more incompetent body. The Coast Guard would do a better job.
Financial upheaval owes homage to derivatives that shrouded the massive growth in debt and leverage. This ...
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Tags: alan greenspan, ben bernanke, Hank Paulson, Long-term Capital Management, the Federal Reserve
Posted in Macro Economics |
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Dec 20th, 2007 |
By Whiskey Contributor |
Category: Macro Economics
IN THE DEC. 12, 2007, WALL STREET JOURNAL, Alan Greenspan warned readers that the mortgage crisis was “an accident waiting to happen.” This was already true and obvious when he was Federal Reserve chairman. He chose not to act. His recent article rationalizes the inactivity of the Fed during both ...
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Tags: alan greenspan, mortgage crisis
Posted in Macro Economics |
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Oct 5th, 2007 |
By Whiskey Contributor |
Category: Currencies, Macro Economics
Ex-Federal Reserve Chairman Alan Greenspan has discovered the Republicans fall short of his standards. He is finding it difficult to break a smile on his The Age of Turbulence publicity tour. Greenspan “glumly” told The New York Times he is “very disappointed” with the Republicans. They ran ...
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Tags: alan greenspan, Democratic party, republican
Posted in Currencies, Macro Economics |
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Sep 21st, 2007 |
By Michael Shedlock |
Category: Currencies
Caroline Baum has an interesting take on Greenspan's new book, The Age of Turbulence, in “Greenspan’s Memoir Shows Dangers of Irrational Book Advances”:
“For someone who made headlines with his every utterance — even if no one could agree on what he had said — Alan Greenspan offers few newsmaking moments ...
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Tags: alan greenspan, the age of turbulence
Posted in Currencies |
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Sep 14th, 2007 |
By Byron King |
Category: Macro Economics
What is happening in the stock markets of the planet? Certainly, risk is being repriced across all of the world’s marketplaces. People are taking gains where and when they can, and moving the proceeds off the table to safer instruments, if not to fireproof steel boxes and comfy mattresses. Significant ...
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Tags: alan greenspan, global stock markets, subprime mortgages, treemonisha
Posted in Macro Economics |
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Sep 11th, 2007 |
By Michael Shedlock |
Category: Macro Economics
The Wall Street Journal is reporting, “Greenspan Says Turmoil Fits Pattern”:
“Former Federal Reserve Chairman Alan Greenspan said the current market turmoil is in many ways ‘identical’ to that which occurred in 1987 and 1998, when the giant hedge fund Long Term Capital Management nearly collapsed.
“‘The behavior in what we are ...
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Tags: alan greenspan, Housing bubble
Posted in Macro Economics |
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Jul 20th, 2007 |
By Whiskey Contributor |
Category: Currencies, Macro Economics
In June 1987, Alan Greenspan was nominated to succeed Paul Volcker as Federal Reserve chairman. Greenspan's nomination hearing was held on July 21, 1987. With the 20th anniversary upon us, it is worth studying what an intelligent observer might have learned that day. The hearing (and discussion surrounding it) was ...
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Tags: alan greenspan, federal reserve board, federal reserve chairman
Posted in Currencies, Macro Economics |
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Jun 18th, 2007 |
By Michael Shedlock |
Category: Macro Economics
One of the big questions now being debated is, "What would happen if China were to dump its entire Treasury portfolio in one fell swoop?" Caroline Baum addressed that question in “China Doesn't Steer the U.S. Interest-Rate Ship” :
“Like a highly contagious virus, fear that foreigners will dump all their ...
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Tags: alan greenspan, China, China & US treasury
Posted in Macro Economics |
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