History will remember Chairman Greenspan

By reacting forcefully from 2001 onwards, Alan Greenspan prevented the Federal Reserve from making a third big blunder and set the stage for the current turnaround, this article says. "The Fed can never deliver the economy into paradise but can, through well-intentioned mistakes, push it into purgatory. If Greenspan has prevented that, people may not notice now - but history will," it concludes.

First published by The Business Times, 15 December 2003.

It may ultimately be said of Alan Greenspan

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: