mises.org / David Gordon / April 21, 2017
Sebastian Mallaby is the Paul A. Volcker Senior Fellow for International Economic Relations at the Council on Foreign Relations. One can be sure, then, that his new comprehensive book, The Man Who Knew: The Life and Times of Alan Greenspan, reflects an Establishment point of view. […]
wolfstreet.com / by Wolf Richter / Apr 10, 2017
If history is the guide, you’re on your own.
The Fed has planted three separate warnings on high stock prices into its March-meeting Minutes, released last week. In the past, the Fed has warned on various occasions on high stock prices, with, let’s say […]
gata.org / CHRIS POWELL / February 25, 2017
Dear Friend of GATA and Gold:
In commentary yesterday headlined “Will the Fed Tell Every American to Buy Gold Before It Destroys the Dollar?,” Swiss gold fund manager Egon von Greyerz mocked Western central banks for selling so much of their gold at market lows between 1999 […]
news.goldseek.com / By Nathan McDonald / 22 February 2017
Is 2017 even real? What kind of weird, fantastical twilight zone have we entered into? The world has been turned upside down and I will continue to point out the bizarre and unusual things that continue to be said and acted upon as we go forward. […]
zerohedge.com / by Tyler Durden / Feb 20, 2017 3:28 PM
As John Rubino eloquently puts it, “when the history of these times is written, former Fed Chair Alan Greenspan will be one of the major villains, but also one of the greatest mysteries. This is so because he has, in effect, been three […]
acting-man.com / Bill Bonner / January 25, 2017
BALTIMORE – The tweet was never sent and never received: “Lying Otto von Bismarck set us up for bankruptcy! What was he thinking? Sad!!” Instead, Mr. Trump said last weekend that, far from trying to curb the promises and cut the costs of […]
wallstreetexaminer.com / by James Rickards via The Daily Reckoning / January 2, 2017
In recent decades, the Fed has engaged in a series of policy interventions and market manipulations that have paradoxically left it more powerful even as those interventions left a trail of crashes, collapses and calamities.
Needless to say, for the past 20 […]
mishtalk.com / Mike “Mish” Shedlock / November 8, 2016
In a Bloomberg Interview, former Fed chairman Alan Greenspan says “fairly soon” we could see a shift away from excessively low interest rates.
We could see a shift away from excessively low interest rates “fairly soon”. “I think up in the area of […]
zerohedge.com / Otmar Issing / Nov 2, 2016
The reputation of central banks has always had its ups and downs. For years, central banks’ prestige has been almost unprecedentedly high. But a correction now seems inevitable, with central-bank independence becoming a key casualty.
Central banks’ reputation reached a peak before and at the turn […]
davidstockmanscontracorner.com / by Jeffrey P.Snider via ALHAMBRA PARTNERS / September 23, 2016
Alan Greenspan is confused – again. The man who admitted to the world a decade ago he didn’t know much if anything about interest rates is now trying to change that reputation by suggesting yet again interest rates are set to rise. In […]
zerohedge.com / by Antonius Aquinas / Sep 20, 2016
Former Federal Reserve Chairman Alan Greenspan, who was once laudably referred to as “Maestro” for his supposed astute stewardship of U.S. monetary policy, commented last week on the nation’s current political and economic climate:
We’re not in a stable equilibrium. I hope we can all […]
zerohedge.com / by Jeffrey Snider / Sep 16, 2016
For some reason Alan Greenspan’s opinions are still taken seriously. No one single person has done more to damage the economic long run that his Keynesian training told him would never matter. We are living in that increasingly desolate long run, and yet somehow to […]
Alan Greenspan, Former Fed Chairman, Testifying to the House Oversight Committee on How He Got It Wrong, October 23, 2008
wallstreetonparade.com / By Pam Martens and Russ Martens / September 11, 2016
Today marks the 15th Anniversary of the tragic events of September 11, 2001 and yet the American public remains in the dark […]
zerohedge.com / by Tyler Durden / Jul 29, 2016 7:43 PM
Jeff Gundlach is not the only person who is feeling “maximum negative” on Treasuries.
In an interview, none other than the “Maestro” Alan Greenspan, the man whose “great moderation” policy made the current global bond bubble possible, said that he is worried bond prices […]
goldcore.com / By Mark O’Byrne / June 28, 2016
Alan Greenspan, the former Chairman of the Federal Reserve has warned that Brexit was a “terrible outcome in all respects” and that we are in the “early days of a crisis.” U.K. policy makers miscalculated and made a “terrible mistake” in holding a referendum on […]
blog.milesfranklin.com / by Andrew Hoffman / June 28th, 2016
Consider that “Sir” Alan Greenspan, the undisputed architect of what David Stockman deems the Bubble Finance era, played a bigger role in initiating the flood of fiat currency drowning the world than all other Central bankers combined. Sure, Helicopter Ben, Whirlybird Janet, Mario Draghi, Shinzo Abe […]
zerohedge.com / by Tyler Durden / Jun 24, 2016 11:37 PM
During a CNBC inteview today, when discussing the historic Brexit vote outcome, Alan Greenspan unleashed a fiery sermon that could have been prepared just by reading a random selection of posts from this website, the former Fed chairman told his shocked hosts that the […]
news.goldseek.com / By: Michael J. Kosares / 7 June 2016
In The End of Alchemy, Mervyn King, the former head of the Bank of England, writes of central banks’ frustration in dealing with the stagnant global economy. “Central banks,” he says, “have thrown everything at their economies, and yet the results have been disappointing, Whatever […]
shtfplan.com / Mac Slavo / June 1st, 2016
The potential for a truly devastating economic collapse has been real for some time.
And it is coming to America.
Though most Americans are accustomed to having shelves full of food and goods, and enough money to keep going, this sense of security is quite false.
zerohedge.com / by Tyler Durden on 05/31/2016 17:00
Back in March, the former Fed chairman said that we’re in trouble because “productivity is dead in the water, and real capital investment is way below average because business people are very uncertain about the future.” Greenspan went on to add that entitlement programs are crowding […]
bullionbullscanada.com / by Jeff Nielson / 21 March 2016
Regular readers are familiar with a quotation from Alan Greenspan, which has been used in a number of previous pieces, dating back to 1966:
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.
Standing alone, the quote […]
mishtalk.com / Mike “Mish” Shedlock / March 21, 2016 9:24:49
Former Fed Chairman Alan Greenspan spoke with Tom Keene and Mike McKee for Bloomberg TV & Radio. He discussed the ramifications of negative interest rates, entitlement spending, and declining productivity.
On the state of the U.S. and global economy, he said: “We’re in trouble basically […]
acting-man.com / MN Gordon / March 5, 2016
Winter of Discontent
Former Federal Reserve Chairman Alan Greenspan resurfaced this week. We couldn’t recall the last time we’d heard from him. But, alas, the old fellow’s in desolate despair.
On Tuesday, for instance, he told Bloomberg he hasn’t been optimistic for “quite a while.” […]
paulcraigroberts.org / Paul Craig Roberts / February 18, 2016
The US economy died when middle class jobs were offshored and when the financial system was deregulated.
Jobs offshoring benefitted Wall Street, corporate executives, and shareholders, because lower labor and compliance costs resulted in higher profits. These profits flowed through to shareholders in the form of […]