You Don't Say...
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Senior Member
Joined: Mar 1998
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From: Blue Ridge Mountains, GA
You Don't Say...
http://www.cnbc.com/id/43598606
A little honesty from Greenspan, believe it or not:
"The Federal Reserve's massive stimulus program had little impact on the U.S. economy besides weakening the dollar and helping U.S. exports, Federal Reserve Governor Alan Greenspan told CNBC Thursday."
This *stimulus* and "Quantitative Easing" (money printing), is being show for the fraud that it is. And it is part of the reason why oil has been higher.
A little honesty from Greenspan, believe it or not:
"The Federal Reserve's massive stimulus program had little impact on the U.S. economy besides weakening the dollar and helping U.S. exports, Federal Reserve Governor Alan Greenspan told CNBC Thursday."
This *stimulus* and "Quantitative Easing" (money printing), is being show for the fraud that it is. And it is part of the reason why oil has been higher.
Last edited by Frank S; Jun 30, 2011 at 06:49 PM.
Technical Article Contributor
Joined: Jun 2002
Posts: 10,511
Likes: 10
From: Under the flightpath of old ORD 22R
Wow, Mr Greenspan predicting the past, what a shock....
That is all he has been good for since 1998.
Clinton focused on cleaning house at the travel office, why is it he put that wacko up for another term is beyond me. Then to add insult to injury, Bush does it also.
George W was told NOW Greenspan knows what happened, he can fix it, and the crash and burn continued.
Even a broken clock is correct twice a day.
That is all he has been good for since 1998.
Clinton focused on cleaning house at the travel office, why is it he put that wacko up for another term is beyond me. Then to add insult to injury, Bush does it also.
George W was told NOW Greenspan knows what happened, he can fix it, and the crash and burn continued.
Even a broken clock is correct twice a day.