Wednesday February 19, 2020

Is there life after Greenspan?

As the tenure of the Chairman of the US Federal Reserve draws to a close, fears of impending doom are overblown, writes Alan Ahearne

3rd September, 2005

Former French p r e s i d e n t Char l e s de Gaulle once remarked that “graveyards are full of indispensable men'‘.

As Alan Greenspan's 19-year tenure as Chairman of the US Federal Reserve draws to a close, and global financial markets nervously contemplate the prospect of life without the venerated Fed chief, a little perspective is needed.

Greenspan is an extraordinarily gifted economist and has been a remarkably...

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