Jason
Well-known member
I just read an article by Bill Fleckenstein, some economist out of Seattle, who says Greenspan has been the worst Fed chief ever.
He lays blame on Greenspan for everything from the tech stock fiasco to Y2K to what he says is the upcoming housing bubble.
While I do understand the cause / effect of interest rates, I believe factors outside the control of the Fed have played with economic realities.
The article was avaiable on MSN.com.
Any comments?
He lays blame on Greenspan for everything from the tech stock fiasco to Y2K to what he says is the upcoming housing bubble.
While I do understand the cause / effect of interest rates, I believe factors outside the control of the Fed have played with economic realities.
The article was avaiable on MSN.com.
Any comments?
