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re: "Alan Greenspan Blasts Trump's Tariffs as "Insane"" Bloomberg
Posted on 11/15/18 at 10:51 am to 0
Posted on 11/15/18 at 10:51 am to 0
He admitted that BUT he is also correct in that tighter money would not have really stopped the collapse because of the government policy in regards to Fannie and Freddi but it could have made the bubble smaller.
1
Posted on 11/15/18 at 10:58 am to I B Freeman
quote:
He admitted that BUT he is also correct in that tighter money would not have really stopped the collapse because of the government policy in regards to Fannie and Freddi but it could have made the bubble smaller.
The entire operating system he was overlooking was so flawed and corrupt it is staggering it actually stayed afloat as long as it did. “Tighter money” is just the tip of the iceberg.
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