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re: Why do the talking heads keep mentioning the 150% run up in the last 4 years
Posted on 8/9/13 at 1:25 pm to Doc Fenton
Posted on 8/9/13 at 1:25 pm to Doc Fenton
quote:
Well at least he can say that the discount rate was at 5.5% when he left in 2006.
That was a long time ago - but his policies will have effects for at least another 10 to 15 years, and residually for 30 or so.
Posted on 8/9/13 at 1:30 pm to Ace Midnight
I thought he made a mistake in 2002 & 2003 and I said so at the time, but I have always defended him as a guy who took an absurd amount of shite for things that weren't at all his fault.
I guess it's an old dead horse debate for another thread, but seriously, Greenspan's policies have very, very little to do with our current problems.
I guess it's an old dead horse debate for another thread, but seriously, Greenspan's policies have very, very little to do with our current problems.
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